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and 77.34% of statistics are made up on the spot. https://www.federalreserve.gov/publications/2019-economic-well-being-of-us-households-in-2018-banking-and-cre

by dgfitz 3y ago

and 77.34% of statistics are made up on the spot. https://www.federalreserve.gov/publications/2019-economic-well-being-of-us-households-in-2018-banking-and-credit.htm https://www.federalreserve.gov/publications/2019-economic-we... 6%

JumpCrisscross 3y ago
Parsed generously, 94% of Americans is about 300mm people. That's 4% of the human population. (It's a nonsense argument nonetheless: it's not America's job to bank the world.)
- dgfitz 3y ago
  I commend you taking a generous view of that, as I was unable to with a straight face. Agree with your second comment.
- zarzavat 3y ago
  GP said essentially that they hoped crypto would fade away because FedNow is coming and will make it irrelevant. My point was that the vast majority of people don’t have a US bank account and so FedNow is in fact irrelevant, except to the 5% of people who can access it. I didn’t expect the parse with the comma inserted before “in the US”, because it’s obviously absurd to say that only 5% of Americans have a US bank account.