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1. CrunkLord420 (crunklord420@clubcyberia.co)'s status on Saturday, 18-May-2024 13:15:42 JST CrunkLord420
   What's even the point of banks when most of them don't even offer 5.5% savings accounts. I don't know how they can offer mortgages below 5.0%. Apparently I know nothing about how the economy works because there has to be a point.
   • CrunkLord420 (crunklord420@clubcyberia.co)'s status on Saturday, 18-May-2024 13:22:20 JST CrunkLord420

     in reply to

     • Tsuki
     @Tsuki I get a sick thrill from telling people to withdraw all their money from the bank because it's legitimately a bad financial decision when you could be buying US tbills.
     
     So far I've got two people to do it, for real. This is true internationally, it doesn't just apply to Americans. It's in a way even "worse" because it's not just a run on the bank, it's a loss in confidence in developed world fiat.
   • Tsuki (tsuki@amami.paradigm-x.tokyo)'s status on Saturday, 18-May-2024 13:22:21 JST Tsuki

     in reply to
     i should just be storing all my savings under my mattress tbh the 30 cents mr shekelstien sends me in interest isn't very persuasive maybe we should all pull a funny prank tomorrow and withdraw all of our cash
   • Terry Hendrix II 🏹 (thendrix@social.hendrixgames.com)'s status on Saturday, 18-May-2024 13:22:59 JST Terry Hendrix II 🏹

     in reply to

     Y’all got any mo’ of dem… Prime rates?

     CrunkLord420 likes this.
   • Edward Sneeden (sneeden@iddqd.social)'s status on Sunday, 19-May-2024 04:06:38 JST Edward Sneeden

     in reply to
     @crunklord420 > What's even the point of banks when most of them don't even offer 5.5% savings accounts
     Offering 60% personal loans. That's the point
     CrunkLord420 likes this.