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UP THE BUM NO BABY posted:wut The rocket launcher ending is on YouTube: https://www.youtube.com/watch?v=l-GqY-M5fE4 Were there four possible endings? -Actual ending in film of border crossing helicopter crash -Simon gets away but McClane tracks him down (filmed but not used) -Bomb hidden on plane (not filmed) -First draft of script had Simons plan be to put the garbage trucks through a scrapper, load most of the gold onto a ship to be sunk in the Atlantic, and he gets away with some of the gold. McClane puts on a bomb on a truck going into the scrapper and the explosion takes out Simon's crew, then McClane breaks his neck in a fight: https://www.scriptslug.com/assets/uploads/scripts/die-hard-with-a-vengeance-1995.pdf
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Jul 26, 2021 22:39
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its not actual physical currency, its what percentage of deposits are loaned and what percent is on hand.
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Jul 26, 2021 22:41
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The people who joke that money isn’t real aren’t joking.
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Jul 26, 2021 22:42
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RFC2324 posted:I think what they are saying is that the bank has to keep X% of its account value(usually calculated at EOB) in physical cash, partly to prevent runs on the banks causing a banking collapse. Yeah it’s this. I am stupid as hell about the subject and phone posting but the idea is that banks create massive multiples of money through lending and borrowing that gets really complicated. So if I borrow 10,000 dollars from the bank, it’s highly likely that the money is getting deposited into another bank somewhere. Unless there is SOME percentage of money that banks must keep on hand, that bank can in turn lend all of that money out, where it gets deposited somewhere else and lent out over and over infinitely. So that 10k in actual money turns into millions of dollars in electronic currency that is lent over and over and over.
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Jul 26, 2021 22:44
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shame on an IGA posted:Cash is a giant pain in the rear end to deal with at any kind of scale and banks and businesses both hate it The cash still gets physically moved using the fed as a centralized clearing house. Even coin still gets moved. Edit: Cash for Bitcoin is a thing now too. Flikken fucked around with this message at 22:49 on Jul 26, 2021 |
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Jul 26, 2021 22:46
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Hekk posted:Yeah it’s this. I am stupid as hell about the subject and phone posting but the idea is that banks create massive multiples of money through lending and borrowing that gets really complicated. Yeah but the bank’s reserve not in a vault. It’s in an account somewhere.
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Jul 26, 2021 22:47
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Revising my movie script wherein the terrorists break into the Federal Reserve to now steal all of their excel files
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Jul 26, 2021 22:49
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Gimme da cash.xls
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Jul 26, 2021 22:50
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FrozenVent posted:Yeah but the bank’s reserve not in a vault. It’s in an account somewhere. It is though. Unless my adult night school public university degree lied to me, that money is kept on hand or at the nearest federal reserve vault.
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Jul 26, 2021 22:50
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Hekk posted:It is though. Unless my adult night school public university degree lied to me, that money is kept on hand or at the nearest federal reserve vault. It's this.
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Jul 26, 2021 22:51
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Hekk posted:It is though. Unless my adult night school public university degree lied to me, that money is kept on hand or at the nearest federal reserve vault. Yeah, they have to have enough on hand so that if everyone suddenly decides they need to pull all their cash out, they have enough to keep handing out money til a new truck from the fed shows up. history shows that when banks have to tell customers that they don't actually have cash to fill their account, bad things happen in a cascading effect, so they took steps to avoid that
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Jul 26, 2021 22:55
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UP THE BUM NO BABY posted:Gimme da cash.xls https://www.youtube.com/watch?v=E7EkIYU4Y8Q&t=3s
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Jul 26, 2021 22:57
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Am I weird for getting major 5th Element vibes from Looper? And I don’t mean the Bruce Willis part Just watched it on Friday and I couldn’t shake the feeling that it felt vaguely French
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Jul 26, 2021 22:59
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Fallom posted:Am I weird for getting major 5th Element vibes from Looper? And I don’t mean the Bruce Willis part Some of it feels fairly similar to La Jetée, if you're familiar with French New Wave
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Jul 26, 2021 23:03
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boop the snoot posted:The people who joke that money isn’t real aren’t joking. Selina shouldn't have fired ray
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Jul 26, 2021 23:05
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Holy gently caress yall are really getting hung up around the physical money thing. "Reserve requirements are the amount of cash that banks must have, in their vaults or at the closest Federal Reserve bank, in line with deposits made by their customers." So what this means is that if banks are required to keep 10% in reserve, then 10% is stored as actual currency, while the other 90% is loaned out and 'stored' as a debt.
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Jul 26, 2021 23:08
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RFC2324 posted:Yeah, they have to have enough on hand so that if everyone suddenly decides they need to pull all their cash out, they have enough to keep handing out money til a new truck from the fed shows up. regulations for primary dealer and global systemically important banks are absurdly complicated for non finance experts to follow. suffice to say, there is NOT a big pile of cash sitting around somewhere to cover all of a bank’s liabilities. anyone who wants to spend several weeks learning about this can start here: https://en.m.wikipedia.org/wiki/Basel_III
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Jul 26, 2021 23:09
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Also re: money is usless!!! no poo poo which is why no one actually stores bags of money. Its stored as capital, the $ is just an easy way to determine how much.
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Jul 26, 2021 23:11
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boop the snoot posted:The people who joke that money isn’t real aren’t joking. https://en.wikipedia.org/wiki/Socialist_calculation_debate cole i am begging you with tears in my eyes to read about this
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Jul 26, 2021 23:19
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https://twitter.com/cyclingreporter/status/1419718932320165895 "A 27-year-old triathlete won Olympic gold, vomited everywhere, and had to be taken away in a wheelchair" "The Olympic legend Matthew Pinsent called the performance "outstanding."" Meanwhile I did a practice PRT today, I had to pedal really hard for 12 minutes on a stationary bike. 
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Jul 27, 2021 02:19
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For this kidney stone bullshit I'm going through (stent is in, feeling better, stones to be busted later), I basically can't do any of the high-impact exercise that I used to. It's a real bummer and I have no idea what the gently caress I'm going to do with all of my newfound time. I'm not quite one of those go-until-you-puke types, but I understand where it comes from. I also have a lot more respect for soccer players that seem to fall over from a stiff breeze (not flopping) because a gentle tap would probably put me into a neighbor's porch.
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Jul 27, 2021 02:37
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^Realized this afternoon that my leftover painkillers are almost gone, so there's a half decent chance I'll actually have to seek medical attention this year. Hopefully I can stretch it until 2022, then crush my deductible for the year early on. Kidney stones are the worst loving thing.FrozenVent posted:Yeah but the bank’s reserve not in a vault. It’s in an account somewhere. It's both. PookBear posted:Holy gently caress yall are really getting hung up around the physical money thing. "Reserve requirements are the amount of cash that banks must have, in their vaults or at the closest Federal Reserve bank, in line with deposits made by their customers." What it means is that 10% is stored as actual currency, PLUS their standard cashflow for dealing with customers. Which, at a mid size branch in a relatively small metropolitan area, can be hundreds of thousands to a couple million every day or two. Godholio fucked around with this message at 03:54 on Jul 27, 2021 |
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Jul 27, 2021 03:49
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I thought most suburban branches kept even less than $10,000 in actual cash on hand.
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Jul 27, 2021 04:09
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GD_American posted:I thought most suburban branches kept even less than $10,000 in actual cash on hand. Those shady anchored-to-the-floor ATMs in 7-Elevens can have $25-50K in them, which is why people have tried ramming trucks into stores before, so I'd imagine actual bank branches would have at least $100-250K on hand.
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Jul 27, 2021 04:35
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BIG HEADLINE posted:Those shady anchored-to-the-floor ATMs in 7-Elevens can have $25-50K in them, which is why people have tried ramming trucks into stores before, so I'd imagine actual bank branches would have at least $100-250K on hand. Lol each full size ATM at a bank will have that amount in them. Most banks will have 2-4. Then cash for pay check days. The poorer the area the more people cash checks out so the busiest cash flow banks will be in farming communities. We used to move a cool million in $20 ever Thursday to a single busiest branch and there would still be 4 other branches in town. Y’all really don’t know how much money is in circulation.
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Jul 27, 2021 05:22
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FrozenVent posted:Cash is a tiny, tiny proportion of interbank transactions. Like vanishingly small. Well, unless you're CitiBank
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Jul 27, 2021 05:39
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Arrath posted:Well, unless you're CitiBank 
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Jul 27, 2021 06:35
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Near the home of my friends parents there is a small store that had an ATM, until the third time the same guy used a tractor to pull it from the wall. Completely useless, since those machines have color things that stain the money if you smash them.
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Jul 27, 2021 06:55
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Some people are just in it for love of the game
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Jul 27, 2021 06:56
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Ataxerxes posted:Near the home of my friends parents there is a small store that had an ATM, until the third time the same guy used a tractor to pull it from the wall. Completely useless, since those machines have color things that stain the money if you smash them. Lol who told you that? Unless it was specifically to catch who ever was stealing them ( not likely) there probably wasnt even a GPS tracking unit in it.
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Jul 27, 2021 07:00
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Crab Dad posted:Lol who told you that? Unless it was specifically to catch who ever was stealing them ( not likely) there probably wasnt even a GPS tracking unit in it. Probably the famous detective, his friend's parents
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Jul 27, 2021 07:37
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Crab Dad posted:Lol who told you that? Unless it was specifically to catch who ever was stealing them ( not likely) there probably wasnt even a GPS tracking unit in it. Ataxerxes lives in Finland. Also none of us euros are joining the monetary concepts in the US discussion because 
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Jul 27, 2021 07:46
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RFC2324 posted:I think what they are saying is that the bank has to keep X% of its account value(usually calculated at EOB) in physical cash, partly to prevent runs on the banks causing a banking collapse. It's nuts when I was in Canada, compared to here in the US. I could go to almost any US bank branch and pull out 5-10k cash which.. isn't very often, and no one would blink at the bank and I'd have my cash pretty quickly. When I lived In Vancouver for a stint? I got such a raw deal on electronic currency conversion and wire transfers, it got to the point I'd cash out a good chunk of Canadian money, walk it over to the gold coin/stamp place and have them convert cash to cash US dollars then redeposit the money. I started doing this on a monthly basis and it freaked the bank out each time I did it. Their cash float per branch was extremely low [since everyone and their dog uses interact for everything]. It got to the point I had to go to two different branches to get 4K taken out for a total of $8K. After 3 months the bank manager finally decided to match the exchange rate at the bullion shop. Canadian banks make up a bullshit rule that they won't match currency exchange rates unless it's a 100k transaction but that's horseshit. If a G7 country is ever going to have a bank run, Canada would be on top of the list.
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Jul 27, 2021 08:04
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Each morning the suburban banker prints a batch of fresh, warm money. They close for the day when they run out. The Sacajawea special is on Wednesdays only.
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Jul 27, 2021 10:07
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Armored cars can only drive 20 miles a day or they get lost
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Jul 27, 2021 10:24
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Crab Dad posted:Y’all really don’t know how much money is in circulation. You’re vastly underestimating how much money actually gets moved around electronically. A million bucks is nothing.
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Jul 27, 2021 11:00
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I really should sit down and do an effort post on how physical currency moves in our economy, because it can get kinda complicated but long story short an electronic move between FI's will have a corresponding physical move done behind the scenes somewhere.
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Jul 27, 2021 12:21
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Flikken posted:I really should sit down and do an effort post on how physical currency moves in our economy, because it can get kinda complicated but long story short an electronic move between FI's will have a corresponding physical move done behind the scenes somewhere. Can you do a in-depth tutorial on money laundering too? Asking for a friend
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Jul 27, 2021 12:31
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TheWeedNumber posted:Can you do a in-depth tutorial on money laundering too? Asking for a friend Yeah, find a cash cloud machine somewhere and put your cash into it in exchange for bitcoin.
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Jul 27, 2021 12:35
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I think everyone's getting hung up on volumes of physical cash moving around when it's not really a question that: 1. That volume is far less than the total $$$ being transacted digitally each day. 2. Ergo our present currency is totally valid as a digital currency making one of the proposed advantages of bitcoin moot. e: correct me if that's wrong.
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Jul 27, 2021 13:00
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