IntFee588
Joined 6 years ago
Joined 6 years ago
Imagine if you went to a restaurant, and the staff refused to serve you until you showed them your bank account balance to prove you could pay. It is an immense failure of law enforcement to not crack down harder on widespread scams.
You may feel like you're above this, but this excess leverage in the economy affects everyone who has a mortgage, works a job, or participates in the traditional economy in any way. For instance, businesses regularly draw on their credit facilities to make pay, and even well-run businesses usually hold debt. The artificially set price of these "chips" has a massive effect on all sectors.
Somewhat contradictory. A "security program manager" can't implement good security if they don't know what it looks like, even if given a checklist.
This reads like the sort of document that the government publishes because it has a fiduciary to protect the vaunted "small business owner," similar to "fraud awareness" campaigns, but is more laying the groundwork to say that they told you so, rather than real protection.
Remember, the balance in your account is nothing more than the bank's record of its liability to you.
Current reserve requirements: https://www.federalreserve.gov/monetarypolicy/reservereq.htm
Respectfully disagree. Growth comes from going beyond what you're comfortable with.
Also not sure this is "ungrowth" and more a general misallocation of human capital. Good bosses are proactive, yes, but that doesn't mean randomly messing with team dynamics and roles like you're a chemist trying to find the philosopher's stone.
It is also very telling that when independent discussion platforms do start to reach critical mass (4chan, voat, wherever else) there is often collusion or pressure to take down their hosting or stop payment processors from working with them.
This goes against common knowledge (that the FET was first invented by Lilienfeld in the 1920s, and that the germanium transistor was invented by Bardeen and Brattain at Bell Labs in the 1940s). Points to anyone that can produce evidence to support this claim that it was invented during WWII.
Friendly reminder that nothing sent over public internet infrastructure without additional security measures is truly private. Also, pardon Snowden.
I don't think a lack of technical curiosity/professional pride is exclusive to managerial types, but there is a surprising number of people who hate the technical side but still want to be bossman.
https://www.bloomberg.com/news/articles/2023-03-12/us-moves-...
https://archive.is/FMuYW (archive)
Think of what this means, and how precarious a position the nation's banks must be in for the fed to take actions like this. We needed to reimplement Glass-Steagall yesterday.