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(Thread IKs: skooma512)
 
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Xaris
Jul 25, 2006

Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

Hubbert posted:

black monday the 13th

what a day that will be tomorrow

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spacemang_spliff
Nov 29, 2014

wide pickle

lmao

Nonsense
Jan 26, 2007

Joe biden is now owning the crisis, Republicans should easily take the Senate next year as well.

meanolmrcloud
Apr 5, 2004

rock out with your stock out

Hubbert posted:

black monday the 13th

what a day that will be tomorrow

yer nuts. as someone in the last thread said: this weekend demonstrated that the fed hikes will only be allowed to effect regular people in obscure and indirect ways, while institutions across the country will be actively and quickly shielded from direct effects.

FUCK COREY PERRY
Apr 19, 2008



going to the bank tomorrow and demanding my balance be given to me in dimes

pigz
Jul 12, 2004

Nearly as overlooked as Joe Mauer
Aren't we just setting ourselves up for:
Use 250k insurance funds to bail out > 250k accounts
Possibly more bank failures -> even less 250k insurance funds
People realize their won't be funds to cover their account balances nor congressional will to bailout some tiny bank in the boonies.
Lost faith in FDIC and more run on banks

Like the whole THIS ISN'T A BAILOUT seems to suggest there is no political will past whatever is in the fund that backstops every single bank account in the US under the current limits.

spacemang_spliff
Nov 29, 2014

wide pickle

Money printer go brr

En Garde Motherfuckers
Apr 29, 2009

Hey. Is it just me, or do my balls itch?

"some" institutions

"similar" issues

Nonsense
Jan 26, 2007

gently caress COREY PERRY posted:

going to the bank tomorrow and demanding my balance be given to me in dimes

Many people are saying this!

WrasslorMonkey
Mar 5, 2012

text editor
Jan 8, 2007

lmao so they are/were gonna pop Monday too

Centrist Committee
Aug 6, 2019
I like how all banks are basically branches of the fed now, very nice

Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold

let’s form a bank, run on it, and then get bailed out

Animal-Mother
Feb 14, 2012

RABBIT RABBIT
RABBIT RABBIT
when we were kids, we just went outside and drank from the money hose

ram dass in hell
Dec 29, 2019



:420::toot::420:

:wow:

Iron Crowned
May 6, 2003

by Hand Knit

spacemang_spliff posted:

Money printer go brr

How do i get money printer money?

Mola Yam
Jun 18, 2004

Kali Ma Shakti de!
you need to bail harder jay

Delta-Wye
Sep 29, 2005
top men

Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold
fractional reserve banking? HOW ABOUT NO RESERVE BANKING MOTHERFUCKER

ThatBasqueGuy
Feb 14, 2013

someone introduce jojo to lazyb


what'd i miss, is number getting hungry?

Nonsense
Jan 26, 2007

Anti-woke Federal Credit Union, will charter soon.

Willa Rogers
Mar 11, 2005

Homeless Friend posted:

vote biden, would you kindly

he's going to run on "saving working families' bank accounts," mark my words.

Mr Hootington
Jul 24, 2008

I'M HAVING A HOOT EATING CORNETTE THE LONG WAY
https://twitter.com/MorganRicks1/status/1635067079006240769?t=DTJTFNRK9pGQZHLO_gvGuw&s=19

Consensus seems to be forming that this is a bailout and that what the FEd and treasury has done is insanity.

Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold
if the fdic is now insuring all deposits what’s even the point of holding reserves. in fact just let the banks print dollars directly

anime was right
Jun 27, 2008

death is certain
keep yr cool

Raskolnikov38 posted:

if the fdic is now insuring all deposits what’s even the point of holding reserves. in fact just let the banks print dollars directly

good idea

Delta-Wye
Sep 29, 2005

Raskolnikov38 posted:

fractional reserve banking? HOW ABOUT NO RESERVE BANKING MOTHERFUCKER

if you do the math you can see as the fraction in fractional reserve tends towards zero, wealth goes to infinity. simple as

net work error
Feb 26, 2011

I HATE THIS poo poo AT LEAST GIVE US A LITTLE BLOOD FUUUUUUUUUUUUUCK :d2a: :d2a: :d2a: :d2a: :d2a: :d2a: :d2a: :d2a: :d2a: :d2a:

zetamind2000
Nov 6, 2007

I'm an alien.

lol that wasn't long

Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold
I’m going to go draw dollar signs on printer paper and go buy groceries with them tomorrow. if anyone complains I’ll just point them to the fed

zetamind2000
Nov 6, 2007

I'm an alien.

Oglethorpe posted:

hey at least quote me

sorry, forgot about that, fixed

shrike82
Jun 11, 2005

lol couple thousand posts over the past week and we're back to the status quo

anime was right
Jun 27, 2008

death is certain
keep yr cool

net work error posted:

I HATE THIS poo poo AT LEAST GIVE US A LITTLE BLOOD FUUUUUUUUUUUUUCK :d2a: :d2a: :d2a: :d2a: :d2a: :d2a: :d2a: :d2a: :d2a: :d2a:

the lack of blood will lead to everyone acting like theyre immune to consequence causing future blood to be bloodier

coelomate
Oct 21, 2020


Mr Hootington posted:

https://twitter.com/MorganRicks1/status/1635067079006240769?t=DTJTFNRK9pGQZHLO_gvGuw&s=19

Consensus seems to be forming that this is a bailout and that what the FEd and treasury has done is insanity.

House Republicans are gonna have to squeeze some hearings over this inbetween hunter dick pic marathons

Ramadu
Aug 25, 2004

2015 NFL MVP


https://twitter.com/unusual_whales/status/1635072178600148992


let's gooooooo

Dreylad
Jun 19, 2001
fed's finally admitting that none of this is real

Willa Rogers
Mar 11, 2005

Raskolnikov38 posted:

let’s form a bank, run on it, and then get bailed out

I'm still regretting I didn't take out a PPP "loan" when I could have.

meanolmrcloud
Apr 5, 2004

rock out with your stock out

shrike82 posted:

lol couple thousand posts over the past week and we're back to the status quo

the real doom is the cracks we pinged along the way

a.lo
Sep 12, 2009


Sorru I am watching The Oscars

Oglethorpe
Aug 8, 2005

i loving love the 20s

2020s

1920s

whatever

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Delta-Wye
Sep 29, 2005

Dreylad posted:

fed's finally admitting that none of this is real

usa's role in international geopolitics is going poof at the same time as all the domestic issues are showing up :allears:

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