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227 posts

Kihoon
@Kihoon__
Hopeful for a better world through Web3
Katılım Ocak 2022
173 Takip Edilen7 Takipçiler
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I think the Fed just gave the banks a way to launder all depositor money into the Treasury. Follow me for a sec:
-Fed opens up credit facility that lends at OIS rate plus 10bps
-This facility values all bonds at par, mark to market losses are irrelevant
-Banks can now dump excess cash into Treasuries, regardless of how poorly they do, and then use them as collateral to get low-interest loans
-They can use these funds to buy even more Treasuries, all with high yields= $$$
-rinse and repeat
How is this not pushing the $19.3T of bank deposits into the Treasury? Seems like a roundabout way to get the working class to bail out the government...and the banks keep the profits.
GIF
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Let me get this straight:
SVB's Chief Administrative Officer was the CFO of Lehman Brothers' Investment Bank when it collapsed.
SVB's Chief Risk Officer was the Managing Director at Deutsche Bank during 2008 AND led credit ratings in 2007.
The CEO was a director at the San Francisco Fed from 2019 to the present.
You can't make this shit up ....
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Wanna make $10,000/month from Twitter?
I recorded a 1-hour talk with @NicholasVerge and @blackhatwizardd
We broke down:
• Offers that sell
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• Like this
• Comment "$10K"
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How I coached @TaylinSimmonds to $40,000/month to write tweets.
If you want to make $10,000/month as a ghostwriter, read this:
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