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(Thread IKs: skooma512)
 
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Nix Panicus
Feb 25, 2007

WrasslorMonkey posted:

Woah woah woah woah hold the gently caress on.

Hardee’s is Carl’s Jr?

Check the star

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punished milkman
Dec 5, 2018

would have won

low rates to you friend

i say swears online
Mar 4, 2005

dqtexas is way better than dairy queen

the popes toes
Oct 10, 2004

Stairmaster posted:

you are all gonna look so silly when deutsch bank is the next one to eat poo poo

Why safe haven abroad when US accounts are guaranteed up to a bazillion dollars. Park it all in the US. Yay!

RealityWarCriminal
Aug 10, 2016

:o:
money is dying and yalls are laughing

tristeham
Jul 31, 2022

VideoKid posted:

I’m trying to explain to my mom what’s happening and she was under the impression that all your money that you deposit in the bank is in a pile in a bank vault somewhere. Like in Harry Potter.

she's right

Delta-Wye
Sep 29, 2005
we're gonna go to china and say "give us consumer goods" and they're gonna to say we don't want your dollars, they are worthless

we're gonna go to saudi arabia and say "give us oil" and they're gonna say we don't want your dollars, they are worthless

we're gonna send our aircraft carriers to take what we want, but we're gonna find out they are worthless as well

comedyblissoption
Mar 15, 2006
Probation
Can't post for 3 hours!

Relevant Tangent posted:

yeah
otoh this is the system working as intended
still should've clipped the unsecured deposits for a token 1%
clipping unsecured deposits for any amount would trigger a bankrun, defeating the claimed anti-bankrun premise so you might as well not have done it in the first place

my bony fealty
Oct 1, 2008

FlapYoJacks posted:

I hate this stupid loving unethical plutocracy of a sham country. Bail out the banks while letting children and parents starve only 2 weeks prior. This country is gross.

sounds like someone needs to VOTE.

silicone thrills
Jan 9, 2008

I paint things

RealityWarCriminal posted:

money is dying and yalls are laughing

:pray:

Crazypoops
Jul 17, 2017



LMAO

Horseshoe theory
Mar 7, 2005

comedyblissoption posted:

clipping unsecured deposits for any amount would trigger a bankrun, defeating the claimed anti-bankrun premise so you might as well not have done it in the first place

Can't have a bank run if you block withdrawals like it's 1940s Germany with their stock market! *taps head*

Thorn Wishes Talon
Oct 18, 2014

by Fluffdaddy
if money died, society would have no choice but to adopt full-blown space communism

it is known

Precambrian Video Games
Aug 19, 2002



VideoKid posted:

I’m trying to explain to my mom what’s happening and she was under the impression that all your money that you deposit in the bank is in a pile in a bank vault somewhere. Like in Harry Potter.

Your mom is dead wrong, it's in a giant vault in a volcano and a centuries-old dragon is sleeping on it and if you wake the dragon by taking even one coin it will lay waste to the entire countryside in revenge.

Horseshoe theory
Mar 7, 2005

eXXon posted:

Your mom is dead wrong, it's in a giant vault in a volcano and a centuries-old dragon is sleeping on it and if you wake the dragon by taking even one coin it will lay waste to the entire countryside in revenge.

I'm rooting for the dragon!

Beeftweeter
Jun 28, 2005

OFFICIAL #1 GNOME FAN

Thorn Wishes Talon posted:

if money died, society would have no choice but to adopt full-blown space communism

it is known

those guys seem to enjoy it pretty well

TeenageArchipelago
Jul 23, 2013


https://www.youtube.com/watch?v=2y_mQCwdaDU

I found number

Mr Hootington
Jul 24, 2008

I'M HAVING A HOOT EATING CORNETTE THE LONG WAY
https://twitter.com/StevenKelly49/status/1635087615547576333?t=3lg4W9iQOgp-DgKCRWagHA&s=19
https://twitter.com/StevenKelly49/status/1635087621499269121?t=tIfvcaQUeH20lUW6Ooc5DQ&s=19

Thorn Wishes Talon
Oct 18, 2014

by Fluffdaddy

Horseshoe theory posted:

I'm rooting for the dragon!

5 minutes later

we're sorry to inform you that the dragon is racist

Marx Headroom
May 10, 2007

AT LAST! A show with nonono commercials!
Fallen Rib
Well that was fun see you guys in the next near crisis

silicone thrills
Jan 9, 2008

I paint things
I always hoped one day in Ducktales that physics would become correct for a moment and Scrouge McDuck would just break his fuckin neck while diving into the pile of coins.

TeenageArchipelago
Jul 23, 2013


silicone thrills posted:

I always hoped one day in Ducktales that physics would become correct for a moment and Scrouge McDuck would just break his fuckin neck while diving into the pile of coins.

That's not very bull market of you

Precambrian Video Games
Aug 19, 2002



Horseshoe theory posted:

I'm rooting for the dragon!

There are several dragons and one of them is named Mr Wonderful. He's bald and killed someone with his boat once.

anime was right
Jun 27, 2008

death is certain
keep yr cool
mods do the needful and give us a thread IK ty

A Bakers Cousin
Dec 18, 2003

by vyelkin
https://www.getyarn.io/yarn-clip/907a42dd-75f0-496c-afef-01d4478fd7e4

Relevant Tangent
Nov 18, 2016

Tangentially Relevant

Bar Ran Dun posted:

bet they still raise rates.

:yossame:
traders have been whistling past the graveyard on this since the hikes started and they haven't been right yet

Paradoxish
Dec 19, 2003

Will you stop going crazy in there?

Yeah, there's really zero justification to slow rate hikes or alter the terminal rate, at least if you buy the line that this was the correct move to manage risk and protect depositors. Slamming the brakes means there's zero confidence in this solution and zero confidence in the banking system as a whole. If higher interest rates are the correct tool to manage inflation and the US economy isn't a rolling dumpster fire, then you shouldn't need to worry about a total banking system collapse if you raise rates to an appropriate level to fight inflation.

Koirhor
Jan 14, 2008

by Fluffdaddy

https://m.youtube.com/watch?v=lpbKWReQwsY

JustFollowingOrder
Mar 3, 2023

by vyelkin

throwin $25 billion at a $42 billion dollar problem #america

Relevant Tangent
Nov 18, 2016

Tangentially Relevant

comedyblissoption posted:

clipping unsecured deposits for any amount would trigger a bankrun, defeating the claimed anti-bankrun premise so you might as well not have done it in the first place

i would like a small bankrun, as a treat
have to settle for surprise special assessments i guess

Eric Cantonese
Dec 21, 2004

You should hear my accent.

silicone thrills posted:

I always hoped one day in Ducktales that physics would become correct for a moment and Scrouge McDuck would just break his fuckin neck while diving into the pile of coins.

What the hell? Scrooge is the most interesting guy in the show.

Relevant Tangent
Nov 18, 2016

Tangentially Relevant


1499 of those companies made global warming worse, the one that didn't was an app that constantly updated the last known location of every CEO

SKULL.GIF
Jan 20, 2017


Bitchcoin is up 11.3%. All is well. Infinite bull market

Horseshoe theory
Mar 7, 2005

SKULL.GIF posted:

Bitchcoin is up 11.3%. All is well. Infinite bull market

They're money laundering is being fully backstopped by the FDIC - why wouldn't they be happy? :thunk:

FistEnergy
Nov 3, 2000

DAY CREW: WORKING HARD

Fun Shoe
New thread just dropped and it smells a bit fresher in here at least. we need to slap a fresh coat of blood on the walls though

Janitor Ludwich IV
Jan 25, 2019

by vyelkin

FistEnergy posted:

New thread just dropped and it smells a bit fresher in here at least. we need to slap a fresh coat of blood on the walls though

the government just announced they secure 100% of deposits so actually things are better than ever

Honky Mao
Dec 26, 2012

I'm thinking the boom-bust cycle has been defeated by modern capitalism and that things will be good forever, which essentially bypasses socialism into a beautiful eco(nomic)-utopia

anime was right
Jun 27, 2008

death is certain
keep yr cool

Janitor Ludwich IV posted:

the government just announced they secure 100% of deposits so actually things are better than ever

good thing the government has infinite money to prevent any and all failures

Canned Sunshine
Nov 20, 2005

CAUTION: POST QUALITY UNDER CONSTRUCTION




Come the gently caress on China, liquidate them all!

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Nix Panicus
Feb 25, 2007

anime was right posted:

good thing the government has infinite money to prevent any and all failures

Modern Monetary Theory wins again!

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