News for hackers. Stuff that matters.
Re:Why the 2% Inflation Target? (2023) by npoc on Saturday March 23, 2024 @02:41AM (#39797939)
You're missing the bigger picture too. Silicon Valley Bank didn't collapse - it was bailed out with unlimited money from the bigger banks.

The only limitation the banking system faces is excuses to loan money (one of the reason long-standing wars that last for years are increasingly common - the banking system gets to fund both sides)

Re:Why the 2% Inflation Target? (2023) by chii on Saturday March 23, 2024 @03:00AM (#39798023)
> it was bailed out with unlimited money from the bigger banks.

tell that to the equity owners of the bank.

Re:Why the 2% Inflation Target? (2023) by npoc on Saturday March 23, 2024 @03:40AM (#39798189)
There's no such thing as equity ownership anymore. The banking system has seen to that by slowly changing the legislation in every country around the world.

https://thegreattaking.com/read-online-or-download