Genevieve Roch-Decter, CFA
@GRDecter · May 8, 2023
Banks have successfully fooled depositors into accepting 0.4% interest on savings while the bank makes +5% on treasuries
The biggest risk for banks is the consumer figuring out they can move their money out of banks and buy treasuries or money market funds themselves
Elon Musk
@elonmusk
Absolutely
04:17 PM · May 8, 2023 · 653.2K views
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