Re:How deep is the rot in America’s banking industry?
by s1artibartfast on Thursday March 16, 2023 @11:26PM
(#35192629)
Im not sure if you are agreeing with me or not. This seems consistent with what I was saying.
Months of work undone by loaning to banks which made risky investments betting against high interest rates.
Any uptick on this graph is equal to printing money which causes inflation. They can wait it out while we collectively pay the cost of this increased money supply.