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Eggs are still double from last year. Gas is still rising. I paid $3 for $1.25 cookie mix.
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this post was submitted on 07 Oct 2025
808 points (98.2% liked)
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Well, the stock market is doing great, set new records last Tuesday, which scares the shit out of me. There doesn't seem to be real economic backing for this activity. So what happens when we collectively wake up and realize stock prices no longer reflect company value? Seems we had a similar problem in October 1929.
Except now banks have built in protection from bank runs. There's a reason you have a daily withdrawal limit on your accounts.
I only see daily limits at the ATM. If I walked into my credit union today, and said give me my $20,000 in large bills, there would be a meeting with a manager, but they would fucking do it.
OTOH, I'm with a credit union, basically the socialist version of banking. Cannot fathom how anyone other than a business with particular banking needs uses a bank. At my place I'm closer to being an owner than a profit center.
What are the benefits of switching to a credit union?