Oddbean new post about | logout
 How are these institutions fairing exactly? 
 My bank does their thing very well. If you don't have a bank that does their job well itmis a you problem not them. 
 Sorry to break it to you but the entire banking system consists of fictional reserve institutions just waiting to implode at any moment. But i guess thats easy to overlook if you’re on their payroll. 
 I'm not. Never worked for a bank, never will (because they have boring ass software in old code)