Fractional reserve banking means the bank only has a small percentage of the money its customers deposit on hand (currently 0% since 2020). What do they do with the rest of that money? They invest it. They take on risky investments because it will either pay off or they will be bailed out by the taxpayer through FDIC. There is zero risk on the banks part.
Ultimately it falls on the taxpayer. The existence of the FDIC not only incentivizes but almost forces banks to be risky with their investments. It doesn’t matter if their lending fails because the government has to come in and clean it all up and those expenses are passed on to the public.
It’s the name of the distribution company a bunch of brands are housed under.
> By the end of 1999 an idea that has been talked about for years begins to take seed. The Habitat is formed under the Sovereign Sect in December…The Alien Workshop and its divisions are guided by this philosophy to this day. A Sovereign Sect of individuals with the goal to evolve skateboarding, projects and ideas free from outside pressures or rules.
Does teasing and judgement happen often? I live in Vegas where being inebriated is fairly accepted but I can’t think of a time where I’ve been teased or pressured. They may be silently judging but I don’t notice or care.
I think a lot of it has to do with how you turn down a drink. I usually say, “No thanks,” or “I’m good, thanks,” and it rarely goes beyond that. When I hear people respond with, “I don’t drink,” or “I’m not drinking right now/tonight/this month,” that seems to invite discussion.
Everyone’s experiences are different though and I’m painting with a broad brush.
I’ve never drank in my life and never had any issues abstaining. “No thanks,” is almost always enough and rarely do I have anyone question why or try to pressure beyond that. Even when I was in high school or college.
It seems to me people who do drink, even if only occasionally, have a harder time justifying to themselves why they shouldn’t drink when the opportunity presents itself.
If I create a new login on mobile it never syncs to the vault/desktop correctly. I have so many empty vault items that then sync back to mobile. Nothing seems to fix it.
I stopped using social media fairly early on but it wasn’t until recently that I started to replace that time with books. The first year I thought I’d set an easy goal of 6 books. I read 32. Once I started reading I wanted to continue reading. I’m close to 50 books so far this year and my life has been considerably more hectic than last year.
Side Note: Check out your local library and download Libby/Overdrive/Hoopla. You’ll have access to tons of books/magazines/audiobooks/movies for free. They even buy books I request on occasion!