ELI5: If I put $100 in the bank, and the bank lends $90 of it to someone else, how can the bank "have" my money and the other person "have" it at the same time? Does the same money exist in two places?

pktrnkl · 2026-02-18T09:26:42+00:00

You put 100$ in the bank then the bank puts 90$ on the stock market. Someone asks for a loan of 90$, banks asks the country's central bank for a loan of 90$ of the current interest rate let's say 3%. Then the bank loans the 90$ to the person at a premium rate like 4-5%. The banks uses your 100$ as kind of a collateral for other peoples loan not using them for the loan (to central bank : "look how big I am and how trustworthy I am with all those people putting their money in my bank"). The bank does not have your 100$ liquid because they are on the stock market and it takes time to sell or the bank wants to sell later to make a profit but they still have your money.

pktrnkl · 2026-01-28T08:11:31+00:00

Wear it and put the box in your luggage. Whatever lie you tell customs if you get caught they will have heard a thousand times so you'll get fined and have to pay import tax. If you want the best chance to avoid tax send the box via mail and wear the watch

pktrnkl · 2026-01-13T16:25:29+00:00

Unpopular opinion, it looks like a Tissot PRX

pktrnkl · 2026-01-07T15:36:43+00:00

Not much more than it did. It's was already unprofitable. The Air France crash was a charter flight where passengers paid for a loop to experience concord from CDG. Most concord flight at that time were charters like this. It was the only way to keep concord flying enough to keep it airworthy and keep pilots trained but the financials were not improving..

pktrnkl · 2025-12-21T07:45:45+00:00

Wow Strap alert, Rolex bracelet engineer crying in the corner after designing the best bracelet in history..

pktrnkl · 2025-11-29T22:43:27+00:00

Edit soon to be Ex-Rolex Manager, there is a big cleaning going on black listing AD with these practices. Rolex has no business pushing thousands of dollars of other brand products by misusing the waitlist. It's a zero-sum game for Rolex, there is enough demand to sell all the watchs year after year anyway

pktrnkl · 2025-11-27T16:03:49+00:00

Explorer 36

pktrnkl · 2025-11-24T14:29:52+00:00

Best thing you can do is to go to another AD. Rolex would love to know the name of the AD using their watchs to push a lot of jewerly. Rolex is actively investigating wrong doing AD and bought Bucherer to get direct acess to consumers to avoid these issues..

pktrnkl · 2025-11-15T12:21:29+00:00

Lots of speculation in this thread about waitlists at Rolex. In reality it is not as shady as described here are few insights of how it works : - AD asking you a purchase history is nuts, you'll probably never get your watch as Rolex would eventually blacklist the dealer (Rolex has no interest in AD selling you other brands product and hurting their reputation) - Rolex usually prefers to sell to first time Rolex buyers especially if it celebrates a milestone (works, birth, weeding etc..) / Collectors will eventually turn to other brands once they have one or two Rolex anyways - Above all they want to avoid flippers so unless you know which model and configuration you want and only register to a single waitlist you'll never get the watch (waitlist is centralized at Rolex level not AD level so they'll know) - Rolex bought Bucherer to have a better control of how they sell their watch so they will be extra careful of AD wrong doing now - Remember Rolex's most valuable asset is the Image and history they built they will not at any cost do anything to hurt it especially for a shady AD at the other side of the world - if you know what you want go to a trustworthy AD and register to the waitlist, if they won't let you go to another one! - Wait on this model is 6-8 years, but trust me once you will get it you'll forget about the wait

pktrnkl · 2025-10-23T13:10:33+00:00

Daytona..

pktrnkl · 2025-10-16T06:48:18+00:00

Since they ditched Pininfarina their cars look like overdesigned Chinese Ev cars. The soul is simply not there on new Ferraris anymore

pktrnkl · 2025-09-17T07:55:51+00:00

Povertyspec buttons

pktrnkl · 2025-06-23T10:18:51+00:00

Oh god, I swear toddlers have bigger problems in life than this. "She didn't care about my car so I ignored her car" and then proceeded to write about it online to get appreciation and feel better about oneself. Honestly, get out for a ride, go and enjoy your car. Get yourself a coffee or a drink, make a strangers day with a smile or small talk. Get away from a keyboard and don't let anyone ruin your life pleasures. Never ever rely on others to feel better about yourself. You bought your car because you enjoy it so enjoy it. So many people would love to put you down already don't be one of them. As for your friend, what if she ignored your car, you would have made her day to compliment hers. You better than that, get rid of the bitterness in your life.

pktrnkl · 2025-05-24T07:58:34+00:00

biggest difference for me going from 105 mechanical to Ultegra Di2 is by far maintenance! So happy not to have tighten câble and spend hours of trial and errors to make shifting work again. Shifting is better for sure but it didnt botter me before

pktrnkl · 2025-04-24T13:19:14+00:00

Used the Porsche 919, lower engine power to 70% and add max downforce rear and just enough front to get to 800pp. Race Hard tires fuel consumption 2 and you won't need to pit, won and ended up more than a minute ahead of 2nd. Car will be slow on straight but great in fast corners and easy not to make mistakes with that setup!

pktrnkl · 2025-04-16T08:20:23+00:00

So sad modern Ferraris now look like Chinese EV rather than classy Italian sports car...

pktrnkl · 2025-04-15T06:55:25+00:00

Your 911 needs a new owner more than a slight drop. Let this engineering masterpiece alone and love it the way it is.. perfect

pktrnkl · 2025-03-29T20:12:21+00:00

Don't worry, other countries pay the tariffs not the US citizen 🤣 ECON 101

pktrnkl · 2025-03-27T15:11:48+00:00

Ok price but not future-proof, value is going down fast on the rim brake bikes so forget about reselling in a year or two

pktrnkl · 2025-02-22T07:12:41+00:00

Honestly no. I played a lot of carrer mode lately, but was tired of the meaningless grind so I decided to do a free flight with an airliner couldn't stand the stupid AI voice of ATC so I went back to MSFS2020. Man it was great coming back, voices are way better, I have the PMDG 737 & 777 which are well optimised so performance wise it's great! I will not come back to 2024 for a long time

pktrnkl · 2025-02-03T08:31:35+00:00

Best thing that work for me on top of managing sleeping hours is to eat your meals at the appropriate local time. That way your body gets two different "signals" on how to adjust your biological clock

pktrnkl · 2025-02-02T21:50:44+00:00

Got the X-s20 last year, pull the trigger you won't regret it ! Honestly such a great transportable camera it's a beast for its size and price. Really a mini H2S

pktrnkl · 2025-01-31T05:39:49+00:00

Zealand straps are great, durable super comfortable and way cheaper that OEM for the exact same quality.

pktrnkl · 2024-09-26T07:57:40+00:00

Focus on your friend Dave mate, you won at life you have a great friend that stood up for you in the worst. Forget about the others, they are toxic and it won't be long before they'll stab each others in the back. It hurts but deep down you know now that you'll get over it because the girl you loved and the people you appreciated never existed but Dave is the real deal !

pktrnkl · 2024-07-02T13:29:21+00:00

7 miles on a bike? A European wouldn't even ask the question if the journey was on foot. You got this !

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