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Rabbit Hole Recap #262: CBDC Precursor FedNow Launches

Rabbit Hole Recap

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The Problem With Insane Asylums

I think a lot of these people are being forced out of their homes because they can't get jobs that allow them to sustain a quality of life. I mean, hopefully we're experiencing now in cities like San Francisco, Philadelphia, Austin, New York, Chicago,. Hopefully we have the political will to recognize that number one is an economic problem. But then on top of that too, a lot of like particularly in Austin, like it's very obviously predominantly mental health drivenLike the homeless around E six in Austin are schizophrenic beyond anything I've seen in any other city. It's really jarring.

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