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Money is just a number on the ledger for the government. They can just give back everyone's deposits or maybe wait for a few months until it becomes a major cri
by lordentropy 4y ago
Money is just a number on the ledger for the government. They can just give back everyone's deposits or maybe wait for a few months until it becomes a major crisis and then bail out everyone. The investors and shareholders of SVB are going to lose everything, but the depositors will be fine.
- athinggoingon 4y agoExcept that's what the Fed is trying to correct. Inflation is caused when the money supply in an economy grows at faster rate than the economy's ability to produce goods and services.
- lordentropy 4y agoNot sure why I got down-voted, but what I said just happened - https://home.treasury.gov/news/press-releases/jy1337 https://home.treasury.gov/news/press-releases/jy1337. The depositors will be made whole.