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Comment Re:banks have deposits to have outflows? (Score 1) 79

I have not kept more than 2 months worth of cash in my bank for 15 years. I find it hard to believe many people keep significant amounts of cash in banks anymore. Are there even balances that could outflow to stablecoins? Who keeps piles of cash in a bank while you could hold stocks, mutual funds, bitcoin etc. Stablecoins aren't a threat at all, unless a new kind of bank appears that replaces trad banks in utility by using a stable coin.

That's nice, but if you think you're typical you're wrong. Most people can't seem to keep that much cash in the bank. The median transaction account balance (savings, checking, and money market accounts combined) is $8,000. The average is much, much higher, which means that the values below median are pretty small, and about 59% of Americans couldn’t cover a $1,000 emergency expense from their savings in 2025. Someone who can't come up with a kilobuck for an emergency isn't going to be playing the stock market or speculating in cryptocurrencies, or taking fancy vacations.

You appear to be doing pretty well, but "2 months of cash" doesn't sound very liquid. Tell me what you do if you want to take a nice expensive vacation like a European river cruise, where air fare, hotels (for the 3-night pre- or post-cruise stay), the cruise itself, and incidental expenses for a couple can easily top $20,000. Do you sell off some investments? If the market's down, do you postpone?

Comment Re:Scalpers (Score 1) 158

Yes, when it comes to luxuries such a sports car, designer handbags, fabulous vacations and rock/pop concerts, fuck the poor.

What is it with people who are fond of asserting false equivalences? The poor person's alternative for a sports car is a cheap used car; for a designer handbag, an inexpensive purse from the thrift store; for a fabulous vacation, an inexpensive trip to visit relatives. The only alternative to attending a concert is to not attend. Do you see how these things are not the same? I might be wrong, but I get the sense that you're the kind of person who thinks a single mother shouldn't be able to use her EBT card to buy a candy bar for her kid once in a while. Update: I took a look at some of your other comments. I no longer think I might be wrong.

I can't afford $1000/ticket Taylor Swift tickets either, you don't see me crying about it.

Well, one of your other comments claimed that you paid $1000 for a pair of tickets to see an artist you apparently wanted to see, but wouldn't pay for than $25 for a good seat to see Paul McCartney. Fantastic -- you don't shed any tears over missing a concert don't care about seeing. A concert ticket is not a Lamborghini. You can afford a concert ticket if you really want to go and you're willing to save up for it unless you're seriously poverty-stricken; lots of people do that. But when scalpers are involved, the barrier to saving enough is raised significantly. I seriously doubt that people who have reason to believe they won't be able to afford their next meal are concerned about concert ticket prices.

Comment Re:Tickets (Score 1) 158

False equivalence - these two things are not the same. You don't have to to buy one of a limited limited number of tickets in order to vote.

I get six mail in ballots in my mailbox every election. Those are all people who lived in the house before I was there and never cancelled their registrations. I could walk right up to the poll and vote as those people.

Well, maybe you could if you're willing to commit State and Federal felonies, and the signature on the sealed mail-in ballot envelope (required in order to trade it for a regular ballot at your polling place) matches the registered voter's signature on file; maybe that's an argument for requiring an ID to vote because due diligence on the part of poll workers is required. Of course, you could just drop off the mail-in ballot at your polling place or put it in a drop box, but then the signature verification is done when the ballot is received. But you're still not paying anyone anything to vote, so still a false equivalence.

Comment Re:Scalpers (Score 1) 158

"I'm poor! I can't afford it! But I should get it anyway!"

Back in the real world, it's more like "I'm poor, but I can scrape together enough money to by a ticket to see an artist I really like if I can get it for face value."

Talk about an entitlement mentality.

"I'm well off, so fuck the poor person who can't afford scalper prices!" is the real entitled attitude.

I should use that argument to get cheap trans-Atlantic private flights...and perhaps sue if I can't get the price I want.

That's hilarious. In case it's slipped your mine, the topic of discussion is the scalping of tickets. Scalping airline tickets is, practically speaking, impossible. You have to have ID matching the name on the ticket to board a flight.

Comment Re:Lithium deficiency (Score 1) 71

it does saying nothing about curing dementia with Li supplements

And yet, it does state that lithium injection treatments seem to be effective in reversing the symptoms of Alzheimer's. Not sure what important distinction you're trying to make here.

Just a guess, but they may be referring to the distinction between a cure and a "potential approach" to treatment and prevention by preventing what "may be an early event in the pathogenesis of AD."

Comment Re: Distraction/Deflection. (Score 1) 65

Non-interventionism is a traditional American value

I think American Indians, Mexico, Cuba, ... might disagree. The US has been meddling outside their borders for a long time, well before the 20th century started.

You're right. The OP should have said that non-intervention in cases where we would be fighting with someone we think might be able to fight back, is a traditional American value. As George Carlin pointed out, we love bombing the shit out of brown people.

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