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A comment on JPMorgan Chase Bank Assumes All the Deposits of First Republic Bank. Parent comment

Re:JPMorgan Chase Bank Assumes All the Deposits of First Rep... by ceejayoz on Monday May 01, 2023 @07:38AM (#35771429)
It's historically worth quite a bit.
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Re:JPMorgan Chase Bank Assumes All the Deposits of First Rep... by T-A on Monday May 01, 2023 @08:23AM (#35771806)
True, but

https://fred.stlouisfed.org/series/GFDEGDQ188S

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Re:JPMorgan Chase Bank Assumes All the Deposits of First Rep... by Kye on Monday May 01, 2023 @08:57AM (#35772152)
See that slide down after most people got checks and businesses got PPP loans they didn't have to pay back when the pandemic was at its worst? That's investment paying off. And that's with supply issues that continue to this day.

Watch that space for when supply catches up and we start figuring out better pandemic management after the next killer wave. The road ahead is bumpy, but I see wise investments paying off as long as some idiot doesn't get into power and start cutting taxes for people who don't need them again.

The people who keep loaning money to the government at least don't seem worried because they keep doing it.

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