3 ms·
> bank deposits should be guaranteed by the entire system (not the taxpayer) Where do you imagine this money ultimately comes from?
by psychlops 4y ago
> bank deposits should be guaranteed by the entire system (not the taxpayer)
Where do you imagine this money ultimately comes from?
- jsutton 4y agoThe same place that took trillions of dollars in exchange for low-yielding treasury bonds. The same place that effectively devalued said treasury bonds when they decided to rapidly raise interest rates.