Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Alberta's Child

The value of the dollar isn’t propped up by declaring your gonna insure trillions in deposits with money we don’t have.

This again merely rewards reckless behavior. Ackman and the rest of the investment class have been rabid about more government protections. Investors are nothing more than socialist when they are on a losing side.


8 posted on 03/21/2023 5:09:49 AM PDT by Theoria
[ Post Reply | Private Reply | To 6 | View Replies ]


To: Theoria
The money was created before it was ever deposited in a bank.

I never thought I’d see the day when putting money in a bank that built its reserves on long-term U.S. Treasury bonds would be considered “reckless behavior” by any of the parties involved.

13 posted on 03/21/2023 5:25:28 AM PDT by Alberta's Child ("I've just pissed in my pants and nobody can do anything about it." -- Major Fambrough)
[ Post Reply | Private Reply | To 8 | View Replies ]

To: Theoria

IF OPRAH really had $560 MILLION in SVB-—

WHAT bank wants to take her deposits next?????


29 posted on 03/21/2023 10:09:53 AM PDT by ridesthemiles
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson