SVB Depositors, Investors Tried to Pull $42B Thursday

Re:SVB Depositors, Investors Tried to Pull $42B Thursday by NovemberWhiskey on Saturday March 11, 2023 @12:44AM (#35105805)

You need to extend your metaphor.

Imagine instead that the government was paying car manufacturers more than the cost of installation for every seat belt in a car.

You wouldn’t need to have a policy requiring seatbelts: every car would be liberally festooned with them.

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Re:SVB Depositors, Investors Tried to Pull $42B Thursday by pishpash on Saturday March 11, 2023 @12:01PM (#35110213)

But it costs the taxpayer money that way via the interest payments, whereas one more regulation doesn't.

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Re:SVB Depositors, Investors Tried to Pull $42B Thursday by NovemberWhiskey on Saturday March 11, 2023 @12:11PM (#35110317)

Honestly, if you don't understand the difference between the Treasury and the Federal Reserve (as this comment suggests), I'm sorry to say that you're not going to find this conversation very enlightening.

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Re:SVB Depositors, Investors Tried to Pull $42B Thursday by pishpash on Saturday March 11, 2023 @04:35PM (#35112979)

You must not know that the Federal Reserve returns income to the Treasury.

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