3 ms·
Yes, BTFP is printing money.
by slaw 3y ago
Yes, BTFP is printing money.
- kasey_junk 3y agoBy that rationale any policy decision that preserves bank deposits is printing money. Which is a cogent argument but not a mainstream one.
- JumpCrisscross 3y ago> BTFP is printing money Straw man. I never said it wasn’t. I said it didn’t exist when SVB was resolved and that it’s irrelevant to First Republic.