News for hackers. Stuff that matters.
Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo... by opportune on Monday March 13, 2023 @12:39AM (#35131149)
The federal reserve purchasing securities at par is money printing/debasement, since those securities have lower fair market values.

The increased insurance on everyone else to cover actual losses to unsecured deposits is just a small tax on every other banking customer

There are no comments on this comment yet.