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A comment on FDIC Establishes Signature Bridge Bank, N.A., As Successor to Signature Bank. Parent comment

Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo... by dragonwriter on Sunday March 12, 2023 @09:42PM (#35129587)
> The problem was that central planners reduced rates to near zero in the face of adversity, instead of using fiscal policy more aggressively as you suggest

The people who make decisions about interest rates have no authority over fiscal policy, and the people that control fiscal policy (who theoretically could cobtrol monetary policy as well) have segregated themselves from interest rate decisions in large part to avoid fears that they will monetize the debt undermining confidence im the currency.

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Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo... by somewhereoutth on Sunday March 12, 2023 @10:01PM (#35129804)
Indeed, however governments could set the terms of reference for the central banks for rates to be more 'sticky'.
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