Corporate Socialism: The Government Is Bailing Out Investors and Not You

Re:Corporate Socialism: The Government Is Bailing Out Invest... by Build3Wai on Thursday March 26, 2020 @06:18AM (#22692113)

My rough estimate is 10% of $6T US bailout goes to people Vs corporations by end of May.

Your estimates? Is it true that Banks encashed $1T at 0% the Sunday before? Why did Mortgage rates go up?

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Re:Corporate Socialism: The Government Is Bailing Out Invest... by Donald on Thursday March 26, 2020 @08:43AM (#22692934)

Mortgage rates went up because 10 and 30 yr bond yields have spiked. Also, during the yield collapse a few weeks ago, banks got flooded by refi requests and it exhausted banks’ supply of available dollars for mortgages.

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Re:Corporate Socialism: The Government Is Bailing Out Invest... by bubbleRefuge on Thursday March 26, 2020 @10:15AM (#22693755)

Banks have an practically infinite supply of money. They just issue it when they create loans. What they lack is the capacity to process the loans, not the funding.

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Re:Corporate Socialism: The Government Is Bailing Out Invest... by blaser-waffle on Thursday March 26, 2020 @08:57AM (#22693058)

So... a run on the banks?

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