SVB shows that there are few libertarians in a financial foxhole

Re:SVB shows that there are few libertarians in a financial ... by benlivengood on Monday March 13, 2023 @04:54PM (#35142414)

You offer customers CDs if they want higher interest rates. Isn't that how it's been done for decades?

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Re:SVB shows that there are few libertarians in a financial ... by fisherjeff on Monday March 13, 2023 @05:37PM (#35143162)

Yes, that would narrow the maturity gap and pass some rate risk on to customers. In SVB’s case, though, they would’ve needed to sell a lot of CDs relatively quickly, which means their rates (i.e., borrowing cost) would have to be high.

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