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Message
re: Vivek Ramaswamy: Silicon Valley trying to create panic/cause bank run to save themselves
Posted on 3/12/23 at 9:00 pm to ImaObserver
Posted on 3/12/23 at 9:00 pm to ImaObserver
quote:
The government will answer the problem by diluting the dollar value of everyone's assets.
They are literally imposing a charge on all other banks to cover the depositor losses above and beyond the insured $250k max.
No one will learn their lesson. The banks that did the right thing have to cover for the banks that didn’t.
0
Posted on 3/12/23 at 9:14 pm to msutiger
Powell said there would be pain.
I'm more worried about the market and my job than my savings account.
I'm more worried about the market and my job than my savings account.
Posted on 3/12/23 at 9:29 pm to wheelr
quote:
Powell said there would be pain.
Just not in Silicon Valley.
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