Elon Musk Archive
zerohedge
zerohedge
@zerohedge · Apr 25, 2023
JPM's "Too Biggest To Never Fail" subsidy: if it paid 4% on its $2.3 trillion in deposits, it would pay out $90BN per year. Instead it pays nothing to fund its assets thanks to 0.01% deposit rates
zerohedge
Elon Musk
Elon Musk
@elonmusk
So bizarre that people and companies don’t use money management (Treasury Bill) checking accounts and earn 4%!
03:11 PM · April 25, 2023 · 3M views
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