I asked the financial manager for my credit union about "Bail-Ins" and whether they affect CUs. He had never heard of a bail in! Can you believe it?
I am no great genius but I had to explain the basic legislation, how the laws had changed etc to this moron. I also asked him about CBDC, the Fed, interest rates etc. He laughed at me when I told him that the Fed was rolling out CBDC in 2023 (after I explained what it was). He literally said "they would not do that". I told him to look it up on the Fed website. Good Lord!
The best this guy could offer me in regard to financial management was how to create a home budget. For crying out loud!
I have to guess we are surrounded by idiots that we just never knew existed. As long as everything runs on autopilot these morons can bumble along as usual.
We created a society that negates natures law of survival of the fittest for a bunch of bumbling fools.
I completely agree.
I asked the financial manager for my credit union about "Bail-Ins" and whether they affect CUs. He had never heard of a bail in! Can you believe it?
I am no great genius but I had to explain the basic legislation, how the laws had changed etc to this moron. I also asked him about CBDC, the Fed, interest rates etc. He laughed at me when I told him that the Fed was rolling out CBDC in 2023 (after I explained what it was). He literally said "they would not do that". I told him to look it up on the Fed website. Good Lord!
The best this guy could offer me in regard to financial management was how to create a home budget. For crying out loud!
I have to guess we are surrounded by idiots that we just never knew existed. As long as everything runs on autopilot these morons can bumble along as usual.
We created a society that negates natures law of survival of the fittest for a bunch of bumbling fools.