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A comment on JPMorgan is sitting on about $500M in cash, waiting to invest in higher rates. Parent comment

Re:JPMorgan is sitting on about $500M in cash, waiting to in... by economusty on Monday June 14, 2021 @08:15PM (#27509952)
Are you suggesting they should give the cash away? That it should be confiscated from them and redistributed? What point, if any, are you making?
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Re:JPMorgan is sitting on about $500M in cash, waiting to in... by toomuchtodo on Monday June 14, 2021 @08:41PM (#27510106)
Monetary policy should be implemented to make those investment opportunities more attractive than holding half a trillion dollars on a commercial bank’s balance sheet. Negative interest rate policy comes to mind.

Central banks don’t confiscate your fiat, they use policy to strongly encourage desired behavior.

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