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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 psychlops on Monday March 13, 2023 @11:16AM (#35136862)
> bank deposits should be guaranteed by the entire system (not the taxpayer)

Where do you imagine this money ultimately comes from?

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Re:Joint Statement by the Department of the Treasury, Federa... by jsutton on Monday March 13, 2023 @06:43PM (#35144163)
The same place that took trillions of dollars in exchange for low-yielding treasury bonds. The same place that effectively devalued said treasury bonds when they decided to rapidly raise interest rates.
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