“We’re not going to do that again. " - Yellen on bailouts
YELLEN: DEPOSITORS DON'T HAVE TO WORRY ABOUT LOSING ACCESS TO THEIR MONEY
Never believe anything in politics until it has been officially denied.
Otto von Bismarck
what happened in Silicon Valley Bank in one graph.
T Bills pay 4,5% and banks pay on deposits 0,5%. Clients are starting to pay attention
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