unusual_whales
@unusual_whales · May 8, 2023
The Treasury and the Fed may have to come in and actually restrict your right as a US citizen to pull money out of the US banking sector, due to capital flight from the US banking system, Hugh Hendry said on Bloomberg.
Elon Musk
@elonmusk
They’ve created a massive gap between money market account (Treasury Bill) interest rates at ~4.5% and bank account interest rates at <1%.
That’s a massive incentive to move money out of bank accounts!
03:32 PM · May 8, 2023 · 1.7M views
862
2K
14.3K