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A comment on U.S. interest rates have soared everywhere but savings accounts. Parent comment

Re:U.S. interest rates have soared everywhere but savings ac... by pmalynin on Saturday April 23, 2022 @05:15PM (#31138634)
There is literally a trillion dollars too much in cash in banks right now. All of that money just sits in reverse-repo with the Fed.

So I don’t know how you’re claiming that banks aren’t sitting on too much cash?

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Re:U.S. interest rates have soared everywhere but savings ac... by thoughtstheseus on Saturday April 23, 2022 @06:27PM (#31139240)
Closer to $1.7 trillion last I checked. “Money” is inventory for a bank. You can have too much inventory.
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Re:U.S. interest rates have soared everywhere but savings ac... by missedthecue on Saturday April 23, 2022 @09:22PM (#31140394)
Inventory causes problems if you're not moving product.
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Re:U.S. interest rates have soared everywhere but savings ac... by FartyMcFarter on Sunday April 24, 2022 @02:16AM (#31141705)
They can give some of it to Ukraine.
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Re:U.S. interest rates have soared everywhere but savings ac... by Thorrez on Sunday April 24, 2022 @11:29PM (#31150490)
The bank's customers might not be very happy they the bank gave their money away.
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