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The Fed created this nightmare by raising rates too high too fast, causing bank bond assets to be devalued.

The Fed created this nightmare by raising rates too high too fast, causing bank bond assets to be devalued. | SV BANK $150B UNINSURED DEPOSITS; FDIC INSURANCE FUND $125B; $620B UNINSURED AT OTHER BANKS | image tagged in flex tape,sv bank,bank run,uninsured deposits,bond losses | made w/ Imgflip meme maker
506 views 26 upvotes Made by RunawayTrain 2 years ago in politics
15 Comments
2 ups, 2y,
1 reply
Had to stop Bidenflation.
3 ups, 2y,
1 reply
Just stop deficit spending and printing money.
2 ups, 2y
It to absorb the cash interest has to rise. Otherwise it’s cheaper to borrow & spend in high inflation.
2 ups, 2y
Maybe. . .just as planned?
1 up, 2y,
1 reply
1 up, 2y,
1 reply
Oh Hell No | OH! HELL NO! | image tagged in oh hell no | made w/ Imgflip meme maker
1 up, 2y
made w/ Imgflip meme maker
0 ups, 2y,
2 replies
Are you sure it wasn't the removal of the Dodd-Frank regulations?

Because it was probably the removal of the regulations that caused this.
1 up, 2y,
1 reply
Just a reminder - the Democrats had both branches of Congress and the White House, for two years - and showed no interest in the restoration of Dodd-Frank.
0 ups, 2y,
3 replies
Just a reminder: the removal of regulations has once again brought us to disaster.

Saying, "well, it's THEIR FAULT for not putting them back" is childish.

Maybe next time the GOP starts talking about 'deregulating' something, remember this?
1 up, 2y
I'm NOT on the right, dude. I'm an ACTUAL leftist - so not a Center-rightist, like most Democrats.

And Nancy Pelosi and Chuck Shumer - had complete control of the agenda. Did they do ANYTHING to prevent any of this? Nope... They sent Billions to Ukraine, and oversaw a Trillion or more in upwards wealth transfer, during Covid.

Stop making excuses for corrupt Technocrats. The partisan divide is all KAYFABE, at the higher levels. They work collaboratively, and protect each other. The Dems advance elite agendas by disarming Americans and sending guns to Ukrainian Nazis. The Republicans turn the clock back to the time of the robber barons. They both agreed on the US BioWeapons programs globally - that led to the deliberate release of Covid, Rockefeller "LOCKSTEP" policies, the DoD's OPERATION WARPSPEED, and Agenda ID2020.
1 up, 2y
https://youtu.be/3DUU9WUtJPA - Jimmy Dore and Kurt Metzger lay this out, pretty well, usually.
0 ups, 2y,
1 reply
Wrong.
0 ups, 2y
0 ups, 2y
I’m sure.

https://stratechery.com/2023/the-death-of-silicon-valley-bank/
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    SV BANK $150B UNINSURED DEPOSITS; FDIC INSURANCE FUND $125B; $620B UNINSURED AT OTHER BANKS