Re:Silicon Valley Bank unmasks the hypocrisy of libertarian ...
by TheAlchemist on Wednesday March 15, 2023 @07:23AM
(#35166545)
Agree with 1 and 3.
Not with 2 though. The BTFP (not to be confused with BTFD :) ) program is removing completely the duration risk (for a year). This lets the FED raise the rates as high as they want without putting banks balance sheets at risk (barred some other unforeseen consequences).
Not with 2 though. The BTFP (not to be confused with BTFD :) ) program is removing completely the duration risk (for a year). This lets the FED raise the rates as high as they want without putting banks balance sheets at risk (barred some other unforeseen consequences).