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re: Great Idea To Stop These Bank Runs Going Forward

Posted on 4/30/23 at 8:58 am to
Posted by KAGTASTIC
Member since Feb 2022
7989 posts
Posted on 4/30/23 at 8:58 am to
quote:

When the fed begain raisin the rates rapidly, their strategies had become outdated and they did not have the liquidity needed.


Was their inability of changing strategies quick enough not deserving of some blame, leading to not having the liquidity needed?

Instead of having a strategy team focused on changing with the tide, they were focused on ESG Woke stuff.

We really have a problem with the Govt forcing traditional institutions of our capitalistic foundation to focus on stuff that don't mesh. Banks, stock market, etc arent focusing on what we all have known and been taught and it's throwing a wrench inti the spokes.
This post was edited on 4/30/23 at 9:00 am
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