News for hackers. Stuff that matters.

A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by umanwizard on Sunday March 12, 2023 @08:15PM (#35128685)
A dollar in ten years is not the same currency as a dollar today. It’s absurd to say that there is “no cost” to holding bonds that pay 1% interest for years when you can now buy bonds that pay multiple times that.
[ Parent | on HN ]
Re:Joint Statement by the Department of the Treasury, Federa... by rtpg on Sunday March 12, 2023 @09:10PM (#35129242)
For the FDIC I think that "1.01 dollars in a couple of years" is good enough when talking about a bailout.
[ Parent | on HN ]