Paul Graham
@paulg · 18 mars 2023
"If banks were suddenly forced to liquidate their bond and loan portfolios, the losses would erase between 77 percent and 91 percent of their combined capital cushion. It follows that large numbers of banks are terrifyingly fragile."
washingtonpost.com/opinions/2023/…
Elon Musk
@elonmusk
FDIC needs to change to unlimited coverage to stop bank runs and Treasury needs to stop issuing ridiculously high yield bills, such that it makes no sense to have money in a low interest rate bank “savings” account. Right now.
09:33 · 18 mars 2023 · 3,5 M vues
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