(Thread IKs:
skooma512)
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we shouldn’t have to take a hit, but if it hurts the richest people more, I’ll deal with it
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Mar 13, 2023 03:05
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| # ? May 25, 2024 03:44 |
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Mr Hootington posted:This was such a monumental mistake that will have unforeseen consequences. *Homer Simpsonishly* No it isn't!
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Mar 13, 2023 03:06
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BRAKE FOR MOOSE posted:what would definitely trigger flight would be the fed just going lol and doing nothing, since it guarantees that anything above $250k is not safe, so you go to a bank where the world economy is hosed if it fails. I dunno why paying back depositors has the same effect if they do it by a "just this once, you silly goose" mechanism Because it costs money to hedge anything past $250k. If you knew the FDIC was gonna be good for it -- but not good for anything above X indeterminate amount of money -- why bother keeping your money in a small bank and hedging against the excess of the FDIC insurance with a X% chance of going bust when you could just keep your money in a large bank that had 0.x% chance of going bust?
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Mar 13, 2023 03:06
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Gotta pay the troll toll if you wanna be made hole
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Mar 13, 2023 03:06
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"small and midsized banks" shouldn't be the solution to big banks, nationalized banking should be the solution to big banks
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Mar 13, 2023 03:08
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Mr Hootington posted:This was such a monumental mistake that will have unforeseen consequences. nah not really.
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Mar 13, 2023 03:10
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Mechafunkzilla posted:"small and midsized banks" shouldn't be the solution to big banks, nationalized banking should be the solution to big banks it’d be wild to see this economically balkanize the USA https://en.wikipedia.org/wiki/Public_bank
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Mar 13, 2023 03:10
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Impose a 100% wealth tax on any assets over $250,000 - bing bong, so simple!
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Mar 13, 2023 03:11
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SKULL.GIF posted:So no neither of those things
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Mar 13, 2023 03:12
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gradenko_2000 posted:if people kept buying up Gamestop stocks to create a "short squeeze" against people who were shorting the stock What do you think all those VC/finance Tweeters spreading panic-headlines about "THESE 20 BANKS ARE ALSO SITTING ON BIG SECURITIES LOSSES!" were trying to do?
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Mar 13, 2023 03:13
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Mechafunkzilla posted:"small and midsized banks" shouldn't be the solution to big banks, nationalized banking should be the solution to big banks yeah otoh this is the system working as intended still should've clipped the unsecured deposits for a token 1%
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Mar 13, 2023 03:13
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Centrist Committee posted:things are going to get really weird as we realize what the end of the dollar really means yeah I'm jazzed
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Mar 13, 2023 03:16
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double digits already. rofl
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Mar 13, 2023 03:17
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https://twitter.com/Fxhedgers/status/1635101178500624385?s=20
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Mar 13, 2023 03:18
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mawarannahr posted:double digits already. rofl why not, all bets are covered after all
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Mar 13, 2023 03:19
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I guess 6% inflation is the new floor
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Mar 13, 2023 03:19
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euphronius posted:I guess 6% inflation is the new floor NUMBER. GO. UP!
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Mar 13, 2023 03:20
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euphronius posted:I guess 6% inflation is the new floor companies need to boost profits somehow but soon even 6% wont be enough im guessing.
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Mar 13, 2023 03:20
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euphronius posted:I guess 6% inflation is the new floor Good thing Social Security has annual cost-of-living adjustments.
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Mar 13, 2023 03:20
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More takes from fintwitquote:https://twitter.com/FedGuy12/status/1635093303871037440?t=p-TA-0X6GlW54Cr1X9e-tw&s=19 Markets saw the fed blink and believe it is over. https://twitter.com/lisaabramowicz1/status/1635080947510157314?t=7UcVL15tKbFQgvSOhwrT2g&s=19 Goldman says fed will pause. https://twitter.com/PriapusIQ/status/1635103390148739073?t=cnJKg1yferkWmO8XEmM8bQ&s=19
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Mar 13, 2023 03:21
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SKULL.GIF posted:Good thing Social Security has annual cost-of-living adjustments. oops, now have to be 100 years old to claim it.
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Mar 13, 2023 03:22
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did rich people fail a bank on purpose to slow down Jerome ?
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Mar 13, 2023 03:22
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bet they still raise rates.
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Mar 13, 2023 03:23
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https://www.youtube.com/watch?v=GI7sBsBHdCk retitle this to the federal reserve versus literally anything
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Mar 13, 2023 03:23
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euphronius posted:did rich people fail a bank on purpose to slow down Jerome ? I think this is what actually happened.
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Mar 13, 2023 03:23
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https://twitter.com/RyanMaue/status/1634319326202265604
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Mar 13, 2023 03:23
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Mr Hootington posted:Goldman says fed will pause. oh yeah we’re gonna be seeing some crazy rallies as the system shakes apart
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Mar 13, 2023 03:24
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Unless posted:it’d be wild to see this economically balkanize the USA stupid, we’re already economically bankinized
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Mar 13, 2023 03:24
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lmao climate tech will save us!
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Mar 13, 2023 03:24
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euphronius posted:did rich people fail a bank on purpose to slow down Jerome ? i think these are the divisions within the ruling class that one dude wrote about
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Mar 13, 2023 03:25
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i’m glad the carbon capture plant in iceland is self-sustaining
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Mar 13, 2023 03:25
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 Mah clean coal company!
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Mar 13, 2023 03:25
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good too see these turds immediately save these worthless parasites and naturally the poor foot the bill and everything continues to get worse good vibes and farts
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Mar 13, 2023 03:25
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i'm becoming the joker
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Mar 13, 2023 03:25
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Centrist Committee posted:oh yeah we’re gonna be seeing some crazy rallies as the system shakes apart GOING TO THE MOOOON!!!!!!!!!!!!!!!!!!!!!!!!!! 
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Mar 13, 2023 03:26
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euphronius posted:did rich people fail a bank on purpose to slow down Jerome ? Yes
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Mar 13, 2023 03:26
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Ryan Maue is a rightoid who worked for Cato. He's mocking the climate companies.
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Mar 13, 2023 03:26
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The planet's bailed out, Cloud
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Mar 13, 2023 03:27
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Goldman saying brrrrrring is back https://twitter.com/PriapusIQ/status/1635103640322211840?t=dZbehkz1CFy6Qcv-ojYkWw&s=19 Jpm expects 25bps https://twitter.com/NickTimiraos/status/1635103856983179264?t=gK8lUW2EFhpQ_t2NzfJShQ&s=19
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Mar 13, 2023 03:28
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| # ? May 25, 2024 03:44 |
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SKULL.GIF posted:Ryan Maue is a rightoid who worked for Cato. He's mocking the climate companies. CATO
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Mar 13, 2023 03:28
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