David Sacks
@DavidSacks · 1. Mai 2023
This is true but the deposits were already moving to JPM (which is why JPM can afford to offer 0.01% interest). As long as you have a two-tier banking system, where SIBs are fully protected but Regional/Community Banks are at-risk, deposits will flow from the latter to the
Bernie Moreno@berniemoreno· 1. Mai 2023The Fed just made J.P. Morgan even larger, more powerful and likely more profitable, at expense of smaller banks that serve working Americans. And while Wall Street crushes Main Street, the head of the Senate Banking Committee, @SenSherrodBrown, hasn't done a thing to stop them.
Elon Musk
@elonmusk
🎯
04:27 · 9. Mai 2023 · 336.199 Aufrufe
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