There’s plenty of that going on in the global feed.
Apparently, this was in 2022. Additionally, let’s remind ourselves that this occurred in one of the “wealthiest” 100 square miles on earth.
#scienceHeard on the radio this morning that nearly 25% of Washington DC residents received SNAP benefits.
Thought about this again today, because I’m getting ready to head to the bank.
Twice yearly, I purchase some raw materials from overseas. To do that, I must walk to the bank for a scheduled appointment, inform the teller of the purpose of my purchase, give them all the remittance details, and they must record my state ID (driver's license).
Then, I wait as the clerk enters the data manually into her FedWire (or whatever it is) portal. She then places a phone call, and relays that same information to someone else. 15-20 minutes later, I am on my way back to the office with a paper confirmation in hand.
The transaction is typically ~$16,000, and I pay $60 in fees to the bank. I don't know what my vendor, the recipient of the funds, pays.
I then email my vendor that the purchase has been made, and they trust me for 3-5 business days while we wait for the settlement to take place.
That’s very cool. I will be playing with this sort of thing at some point.
Not just you.
Thanks for being there - popped in for a sec. Also on iOS, and Safari crashed when I went to the nest.
Oh shoot, I forgot about the Oceans trilogy. I’ve seen those. Love them.
Thank you for the recommendations.
“I say this without fear of contradiction: if a democratic republic like the one in the United States were ever to be established in a country where autocratic rule had already introduced administrative centralization, and where both custom and law had absorbed its influence, that country would come to know a despotism more intolerable than any that has ever existed in Europe’s absolute monarchies. To discover anything comparable one would have to look to Asia.”
-Alexis de Tocqueville, Democracy in America, Vol. 1, Pt. II, Ch. 8, p. 302. c. 1835-1840. Translated by Arthur Goldhammer
Lol. Can’t blame ya. Probably wouldn’t have been enough to make the minimum withdrawal.