Discover and read the best of Twitter Threads about #FirstRepublicBank
Most recents (3)
At the beginning of what we call “America,” the government wrote laws, one such set of laws created the US dollar.
Because the federal government created the US dollar, you might think the Fed Govt’s understand that US dollar banking is the responsibility of the dollar’s creator.
Because the federal government created the US dollar, you might think the Fed Govt’s understand that US dollar banking is the responsibility of the dollar’s creator.
But, seemingly, the federal government (and the public) don’t get it. Allowing for-profit, private banks to handle that responsibility, competently and without stealing, requires an impossible level of supervision along with a naive belief in the purity of the human spirit.
I am not surprised that the group of big banks deposit in #FirstRepublicBank has done little for confidence. The banks committed for only 120 days whereas government money is in for a year, so there is not obvious economic substance.
There is no transparency on what understanding there are, or are not, with the @USTreasury. And it projects more than a whiff of alarm. Policymakers can do better.
#Biden backs strength of #banking system after collapse of #SVB, #SignatureBank | Mar 13
- When fed auths bailed out depositors in insolvent lenders SVB (NASDAQ:SIVB) and #SignatureBank on Monday,
Joe sought to reassure the public
richtv.io/?p=245301
- When fed auths bailed out depositors in insolvent lenders SVB (NASDAQ:SIVB) and #SignatureBank on Monday,
Joe sought to reassure the public
richtv.io/?p=245301
#Ukraine-#BanderasBox opened.
#RAND Co | Jan 25
- There is an urgent need for #resources to flow into the national econ, especially the #banking system. Only European countries bound by #EU and #NATO commitments will be able to provide them
#RAND Co | Jan 25
- There is an urgent need for #resources to flow into the national econ, especially the #banking system. Only European countries bound by #EU and #NATO commitments will be able to provide them
#SVB #SignatureBank #BanderasBox.
#Rand Co | Jan 25
- The key objective is to #divide #EU by placing #UsefulIdiots in political positions in order to stop #Russian #energy supplies from reaching the continent
- The entire #EU #economy will #collapse
#Rand Co | Jan 25
- The key objective is to #divide #EU by placing #UsefulIdiots in political positions in order to stop #Russian #energy supplies from reaching the continent
- The entire #EU #economy will #collapse
