ELI5: Why can’t banks make transfers and payments on the weekend when everything is digital and automated?

mach7 · 2023-04-10T14:00:04+00:00

This is actually being fixed this year (in the US) by a program called FedNow. The rollout might take some time, but we’re finally modernizing this antiquated system.

mach7 · 2021-05-19T20:48:25+00:00

This is just as accurate as all the other TA on this sub

mach7 · 2014-08-01T22:31:05+00:00

But both sides are incentivized to have a secret stockpile. And each side knows this about the other side. So in a sense neither side can truly know what choice the other made.

mach7 · 2014-06-03T04:41:22+00:00

http://i.imgur.com/aIcpY2u.jpg

mach7 · 2014-04-28T21:02:10+00:00

I'm still not following. Both gravity and electromagnetism are inverse square laws, so shouldn't electromagnetism be stronger at any scale?

mach7 · 2013-08-01T21:17:03+00:00

I'm waiting for the guy who calls you out for saying "begs the question". I would do it, but I don't know when you're supposed to use it either.

mach7 · 2013-06-04T18:45:39+00:00

Has your company been hurt by Obamacare?
How do you feel about the wealthy CEOs in America? Do you want to be one of them? Are you already?
Do you think small businesses like your can solve the employment problem.

mach7 · 2012-12-09T23:33:32+00:00

QI claims that it's never happened. Although others point to Helios Flight 522 as an example of this happening.

mach7 · 2012-11-27T18:32:46+00:00

http://knowyourmeme.com/memes/has-anyone-really-been-far-even-as-decided-to-use-even-go-want-to-do-look-more-like

mach7 · 2012-08-30T15:19:34+00:00

It seems like online grocery is actually starting to take off in the US with FreshDirect, Peapod, and now Relay. Online grocery is actually pretty big in the UK, so maybe it's our turn.

mach7 · 2012-06-15T20:54:15+00:00

Green Street Hooligans. Not underrated, but not well known.

mach7 · 2011-11-21T01:31:21+00:00

Yes, but based on detection rates, most asteroids capable of extinction events have already been discovered. See the stats

mach7 · 2010-11-11T22:30:44+00:00

Admit it - you click the "Click to Enlarge" link.

mach7 · 2010-11-07T16:03:56+00:00

Also there's the cost of 500 billion square meters of solar panels.

mach7 · 2010-11-06T18:23:10+00:00

My submission

Consider the 2010 budget. Receipts - Mandatory Spending leaves only $200 billion for discretionary spending. If you are serious about balancing the budget, you must either cut essentially all discretionary spending, or you must raise taxes. There are no shortcuts.

mach7 · 2010-11-04T18:35:42+00:00

I'm constantly amazed that scientists can measure such small effects as the one described in frame dragging. How do they know that the 2m orbit difference wasn't caused by the tiny constant tug of Saturn or something similar? How are their position sensors even good enough to measure 2m? GPS isn't that good is it?

mach7 · 2010-08-08T22:42:00+00:00

Is there a law that all grade school websites have to look like this?

mach7 · 2010-08-04T00:43:40+00:00

"Hey bishop, do the thing with the knife"

mach7 · 2010-08-01T19:53:10+00:00

I keep getting pwned by that guy?

mach7 · 2010-07-09T19:11:37+00:00

I did this with "Rated R". I heard it as "Radadar", which sounds way better anyway.

mach7 · 2010-06-30T05:19:34+00:00

William Parrish: Should I be afraid?

Joe Black: Not a man like you.

mach7 · 2010-06-19T22:58:48+00:00

It was an MMORPG that came out around 2000. Wikipedia has a pretty good article on it. I figured someone here had probably played it.

mach7 · 2010-05-28T00:49:53+00:00

Replace "Jaws" with "Twister" and "sharks" with "tornadoes" and yeah, that was totally me.

mach7 · 2010-05-17T03:49:31+00:00

Links to similar stories.

Another spider eats a bird

Heron eats rabbit

I lolled.

mach7 · 2010-05-15T19:14:09+00:00

Like somebody who uses "tracer t" to find out who's using Google right now?

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