Re:FDIC set to take First Republic Bank into receivership
by tflinton on Friday April 28, 2023 @10:57PM
(#35749600)
I think more to the point was that much of this pain from the feds blunt toolset wouldn’t be necessary if congress could cooperate on a fiscal & monetary policy.
Re:FDIC set to take First Republic Bank into receivership
by tekknik on Sunday April 30, 2023 @09:03AM
(#35762164)
This was happening prior to the monetary policy issues. This is a result of the mass amount of money spent during COVID. But interestingly it’s Congress that’s supposed to set the budget. But now you have the Senate and POTUS trying to force their say.
Re:FDIC set to take First Republic Bank into receivership
by Choco31415 on Saturday April 29, 2023 @12:39AM
(#35750078)
Is there a way to help small businesses avoid failing in these situations?
Re:FDIC set to take First Republic Bank into receivership
by SV_BubbleTime on Saturday April 29, 2023 @11:35AM
(#35753914)
Don’t print money endlessly for decades? Don’t run endless government debt? Do t artificially keep rates low for almost two decades?
The solution is exactly what is about to happen, a decade plus recession. But don’t worry, there is always war, which is coming.
Re:FDIC set to take First Republic Bank into receivership
by Choco31415 on Monday May 01, 2023 @11:11PM
(#35782839)
I understand that these are things to be avoided, but don’t understand how they impact small/large businesses. Do you have some resources to better understand the subject?
That’s what “taming inflation” means. It means cooling off the economy, which means that businesses which would otherwise be viable fail, reducing demand, reducing upward pressure on prices.
To the extent that unexpected banking issues accelerate this, within a fairly wide band, from a monetary policy perspective that just means the Fed can back off the brake pedal a little sooner.