Hi fellow programmers,

I was looking for how to keep integrity in some financial transactions and 
I saw this "This could even happen if you use transactions with the 
‘serializable’ isolation level." in the uniqueness page 
http://api.rubyonrails.org/classes/ActiveRecord/Validations/ClassMethods.html#method-i-validates_uniqueness_of.
 
How this is possible with the serializablo isolation level? Aren't the 
select and update done in the same transaction?

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