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A comment on How deep is the rot in America’s banking industry?. Parent comment

Re:How deep is the rot in America’s banking industry? by landemva on Thursday March 16, 2023 @04:57PM (#35188491)
> The fed ... could simply allow all member banks to exchange low interest rate long term bonds for new higher yield bonds and pay the Fed for the spread with a loan.

Maybe we should admit Congress will never repay the national debt and simply have the Fed purchase new federal debt issuance. The current complicated charade just pays banker bonuses.

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Re:How deep is the rot in America’s banking industry? by s1artibartfast on Thursday March 16, 2023 @07:14PM (#35190293)
SVB was holding 91 billion dollars of underwater securities. The FED is currently holding 2.7 trillion with a t dollars of underwater securities
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Re:How deep is the rot in America’s banking industry? by digitaltrees on Friday March 17, 2023 @02:27AM (#35193885)
They are only underwater if they are forced to sell. Why would the fed be forced to sell?
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