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Treasury will do whatever it takes to ensure ‘savings remain safe,’ Yellen tells senators
CNBC ^
| March 22, 2023
| By Christina Wilkie
Posted on 03/22/2023 1:36:17 PM PDT by Oldeconomybuyer
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“Whatever it takes” is a check that grandma Yellen cannot cash.
To: Oldeconomybuyer
“Savings” in Banks need to be sheltered from negative real interest rates [and thus from Yellin’].
2
posted on
03/22/2023 1:38:05 PM PDT
by
Paladin2
To: Oldeconomybuyer
“even if that means taking everyone’s money and re-distributing it evenly.”
3
posted on
03/22/2023 1:39:13 PM PDT
by
VinnieCCT
To: Oldeconomybuyer
would that include no ESG policy at banks? I doubt that.
4
posted on
03/22/2023 1:39:57 PM PDT
by
dblshot
To: Oldeconomybuyer
There’s not enough paper to print the money on for this crooked cartel
5
posted on
03/22/2023 1:40:15 PM PDT
by
HighSierra5
(The only way you know a commie is lying is when they open their pieholes.)
To: Paladin2
Yeah I’m getting officially scared 😱😰😨🙀 now
I don’t have any money at the moment - just early SS
6
posted on
03/22/2023 1:40:36 PM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: HighSierra5
(But while the trends are moving in the right direction)
Thus sayeth CNBC.......
7
posted on
03/22/2023 1:42:40 PM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: nobody in particular
if yellen thinking of taxing unrealized gains, then she should also be thinking of credits for unrealized losses
8
posted on
03/22/2023 1:45:21 PM PDT
by
SGCOS
(not vaccinated for covid and never will be)
To: Oldeconomybuyer
Keep letting Inflation rise and soon enough everyone’s savings will be worthless.
9
posted on
03/22/2023 1:45:31 PM PDT
by
Pox
(Eff You China. Buy American!)
To: Pox
Keep letting Inflation rise and soon enough everyone’s savings will be worthless.Then you will want government welfare checks and socialism.
10
posted on
03/22/2023 1:47:04 PM PDT
by
1Old Pro
To: SGCOS
I want Inflation refunds from the Fed.
11
posted on
03/22/2023 1:48:06 PM PDT
by
Paladin2
To: Oldeconomybuyer
Treasury dishing out more money, causing more inflation.
While Fed Reserve is supposedly finally fighting inflation, including raising rates today.
12
posted on
03/22/2023 1:48:44 PM PDT
by
Tell It Right
(1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
To: Oldeconomybuyer
13
posted on
03/22/2023 1:49:18 PM PDT
by
Obadiah
To: Oldeconomybuyer
It’s not
” savings accounts”
anyone is worried about
ya ignorant wench !!!
My gawd,
is the only qualification these libtards have for their jobs
their political reliability ?
We
Are
Doomed.
The prop is broken .
the pilots are frauds
we are loseing altitude
and we are gonna auger in .
14
posted on
03/22/2023 1:53:01 PM PDT
by
cuz1961
(USCGR Veteran )
To: Oldeconomybuyer
I usually play the ponies once a week. And my system for picking winners seems to be a bit flawed.
Will Secretary Yellen please cover my loses?
Thanks.
15
posted on
03/22/2023 1:54:16 PM PDT
by
Leaning Right
(The steal is real.)
To: Oldeconomybuyer
Her regime could protect American savings by canceling its grandiosely megalomaniacal spending plans.
16
posted on
03/22/2023 1:54:55 PM PDT
by
BenLurkin
(The above is not a statement of fact. It is either opinion, or satire, or both.)
To: Oldeconomybuyer
CBDC will “fix” all that.
I’m gradually withdrawing large amounts of case weekly, now.
17
posted on
03/22/2023 1:58:21 PM PDT
by
Carriage Hill
(A society grows great when old men plant trees, in whose shade they know they will never sit.)
To: Leaning Right
You don’t know the rules—you are systemically unimportant.
Hint: Pay 10% to the Big Guy and you become systemically important.
18
posted on
03/22/2023 2:00:47 PM PDT
by
cgbg
(Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
To: Oldeconomybuyer
19
posted on
03/22/2023 2:01:08 PM PDT
by
mass55th
("Courage is being scared to death, but saddling up anyway." ~~ John Wayne )
To: Carriage Hill
Understandable, but what’s your plan. Hide it under your mattress until it becomes worthless?
20
posted on
03/22/2023 2:02:21 PM PDT
by
Obadiah
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