Strengthening partnerships with our government certainly doesn't make me mistrust OpenAI.
I am guessing none of your friends or family have been a victim of aggression directed by the Pentagon?
I want to make sure I don't have any exposure to crypto world by owning stock ETFs. If there is any scenario that I am on the hook for crypto nonsense going south I am going to sell and just own selected stocks instead. I would greatly appreciate someone providing clarity on this issue.
People underestimate, I think, how much nudging happens at the institutional level which cryptocurrencies might shut down. It is a really exciting experiment from that perspective.
Like, it is true that oversupplying government bonds creates some really nasty economic effects, but so does undersupply. The government budget is not a household budget, and it's simply not true that their debts can or should be paid back.
No. US Treasuries are one of the most liquid and easy to borrow against assets in the world. When institutions buy Treasuries, they use them as collateral to borrow against with new money created by the banking system. This money is then spent in the real economy. That’s very different from taxes.
My wife was taken by a very elaborate and well-crafted scam in November. In retrospect, it all sounds ridiculous... but in the moment, with kids in tow, it was very convincing. It was so traumatizing that when it was over and she finally realized it was a scam, she was relieved! They had convinced her she was going to jail and that was terrifying. Losing the money was less bad than going to jail.
It was also EXTREMELY well scripted with a TON of psychology and clever moments that were well rehearsed. They also had a background track playing with 'police station like' audio and had spoofed the Orange County Sheriff's phone number. One psychological trick that they employed was a very 'stepped' approach to the scam.
If you say it all out loud, it is obvious, but if you go step by step, each one was somewhat plausible. Lastly, by posing as law enforcement, they tugged on a natural tendency to follow orders and avoid being in trouble. My stomach drops when I think I am getting pulled over... being told you have an outstanding warrant was quite a gut punch for her.
Things to remember:
* ALWAYS hang up and call people on a phone number you enter yourself.
* If someone tells you to check the number by looking it up, they are very likely spoofing it. Hang up and call the police.
* The police don't call you if they are trying to serve a warrant, they show up.
* A judge's 'gag order' does not mean you can't talk to a family member or legal counsel.
* NEVER pull money out of an account for someone you don't know without talking to a friend or spouse.
* ANY change in the situation is a red flag - bring the money to the courthouse. - its getting late, we use an after hours processor - you are running out of time, just wire it