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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment
This is like a hotfix.
I don't think that the pile of money is unlimited - all bets are off if something happens to a big bank.
Or they stop raising interest rates, and then inflation goes up. Don't know how the banks will cope (or anyone else for that matter...)
I guess the banks know that, so they may be afraid to take up new risks in the near future.
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This is like a hotfix.
I don't think that the pile of money is unlimited - all bets are off if something happens to a big bank.
Or they stop raising interest rates, and then inflation goes up. Don't know how the banks will cope (or anyone else for that matter...)
I guess the banks know that, so they may be afraid to take up new risks in the near future.