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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 refurb on Monday March 13, 2023 @08:30PM (#35145474)
How do you "massively expand the size"? Please explain step by step.
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Re:Joint Statement by the Department of the Treasury, Federa... by bradleyjg on Tuesday March 14, 2023 @06:43PM (#35160206)
1) invest in riskier but higher yielding bonds than all the other banks

2) with part of the proceeds from #1 pay more interest than other banks

2b) optionally use part of the money from #1 to give free ski trips to “influencers” like VCs in a position to recommend banks

3) watch the deposits roll in

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