Dude, who even knows.

5th February 2021

Post reblogged from Baconmancer with 77,002 notes

strongfag:

rudy-ruby:

strongfag:

guerrillatech:

image

This really says a lot about our society.

Uh, what exactly (genuine question)

*hits bong*

when regulated interest rates went below inflation during the turn-of-the-80s crisis they responded with money market accounts, fixed-term Certificates of Deposit, risky loaning that bid up real estate value and provoked the S&L crisis, ultimately mergers and the Sarbanes-Oxley end of the depository/investment banking wall, the move to 401(k)s for long-term savings; individual retail deposits aren’t really the things capitalizing banks now and even if you depleted their on-hand stock of bills it wouldn’t be a run, you could still use ATMs and debit cards elsewhere

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    😏😏😏
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  13. mephistopheles08 said: @meanya I joined a credit union last summer. It’s nice!
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