Isn’t that the point of banking? Loose money consistently and there’s a good chance you’ll get a bailout on the taxpayers $. Been like that as long as any of us have been alive, why change a system that’s working?
No…. SVB has $16B balance sheet equity The Fed will buy these bonds at par (meaning no money lost to either party). For The Fed its either cancelled debt or a low income generating asset that they can just hold to maturity. The Fed doesn’t need to chase higher rates, it really doesn’t care. So the assets behind SVB’s equity and ability to repay all depositors in full are safe and insured. If anything the government will make money from this. But no printed money and a whole industry was just saved. Thank you Papa Powell
Not QE. They require quality assets as collateral to get a loan. This is mainly to protect banks against bank-runs where a high amounts of liquidity is required.
“The additional funding will be made available through the creation of a new Bank Term Funding Program (BTFP), offering loans of up to one year in length to banks, savings associations, credit unions, and other eligible depository institutions pledging U.S. Treasuries, agency debt and mortgage-backed securities, and other qualifying assets as collateral. These assets will be valued at par. The BTFP will be an additional source of liquidity against high-quality securities, eliminating an institution’s need to quickly sell those securities in times of stress.”
How the fuck do we get rich off this shit in 2023? There are plenty of posts criticizing the feds and “classical finance strategies” of profit making… and rightly so, the system is rigged in so many ways, hoping for 7% ROI from S&P is a long and not foolproof strategy anymore, compound interest only gets you so far, every single bank only gives you extremely shitty offers which hold very little outcome…
But then again, crypto’s main players crashed down in 2022. When is this shit picking back up steam again? Before next halving? Now that Elon’s become disinterested in investing in BTC and had gotten a hard on for Twitter and social media shenanigans, when is it most likely that the crypto ecosystem is going to pick up steam again and see strong green candles again?
I don’t mean to be too direct or rude, I am seriously and genuinely curious and interested. One can be optimistic while also analyzing things from a rational and realistic standpoint. Of course things are going to reach a peak of positive outcomes like they did in 2020/2021 in the cryptosphere, why wouldn’t it? Crypto is here to stay, an unstoppable force. But still, it’d be interesting to theorize how will it recover from the harsh year that was 2022, and to predict important events which might give BTC wings again, mainstream support and corporate investing, etc. When? No smart dudes out here or only memers lead mostly by emotion?
I can’t believe we still trust banks with our money despite this reckless behaviour.There is daylight robbery and then this,which is at a completely another level!
How about a 400 pt cut too while we’re at it?
Technically, as long as banks exist, we will not be financially free, we will always be in debt. But gradually, I will opt out. Thank you Satoshi, little by little, my reliance on saving in banks continues to diminish, soon, bank transactions will be used to pay for snacks and nothing more. And no, if you leave your traditional banking system but running to a CEX, you are better of going back. [DEX](https://np.reddit.com/r/zetablockchain/comments/10qyeuk/blockchain_interoperability_solution_comparison/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button) is the way, go DEX or go home.
Isn’t that the point of banking? Loose money consistently and there’s a good chance you’ll get a bailout on the taxpayers $. Been like that as long as any of us have been alive, why change a system that’s working?
No…. SVB has $16B balance sheet equity The Fed will buy these bonds at par (meaning no money lost to either party). For The Fed its either cancelled debt or a low income generating asset that they can just hold to maturity. The Fed doesn’t need to chase higher rates, it really doesn’t care. So the assets behind SVB’s equity and ability to repay all depositors in full are safe and insured. If anything the government will make money from this. But no printed money and a whole industry was just saved. Thank you Papa Powell
I just feel so sorry that I didn’t buy yesterday. How I hate that fomo feeling 🙁 Anyways getting it now and hoping that price trend continues
I like Helicopter money spitting Bernanke more
Money printer go brrrrr
End the FED.
#buybitoin
QE
This is why none of us are going to win
Not QE. They require quality assets as collateral to get a loan. This is mainly to protect banks against bank-runs where a high amounts of liquidity is required.
[https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312a.htm](https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312a.htm)
“The additional funding will be made available through the creation of a new Bank Term Funding Program (BTFP), offering loans of up to one year in length to banks, savings associations, credit unions, and other eligible depository institutions pledging U.S. Treasuries, agency debt and mortgage-backed securities, and other qualifying assets as collateral. These assets will be valued at par. The BTFP will be an additional source of liquidity against high-quality securities, eliminating an institution’s need to quickly sell those securities in times of stress.”
Run it backwards
printing press: secure since 1795
[abcorp.com](https://abcorp.com)
Source? Or is this a prediction?
But I thought it was transitory /s
How the fuck do we get rich off this shit in 2023? There are plenty of posts criticizing the feds and “classical finance strategies” of profit making… and rightly so, the system is rigged in so many ways, hoping for 7% ROI from S&P is a long and not foolproof strategy anymore, compound interest only gets you so far, every single bank only gives you extremely shitty offers which hold very little outcome…
But then again, crypto’s main players crashed down in 2022. When is this shit picking back up steam again? Before next halving? Now that Elon’s become disinterested in investing in BTC and had gotten a hard on for Twitter and social media shenanigans, when is it most likely that the crypto ecosystem is going to pick up steam again and see strong green candles again?
I don’t mean to be too direct or rude, I am seriously and genuinely curious and interested. One can be optimistic while also analyzing things from a rational and realistic standpoint. Of course things are going to reach a peak of positive outcomes like they did in 2020/2021 in the cryptosphere, why wouldn’t it? Crypto is here to stay, an unstoppable force. But still, it’d be interesting to theorize how will it recover from the harsh year that was 2022, and to predict important events which might give BTC wings again, mainstream support and corporate investing, etc. When? No smart dudes out here or only memers lead mostly by emotion?
Buying this dip was a tremendously satisfying experience. Looks like we need more bank collapses.
They are a criminal organization that aloud to print money when ever they need it. How can they lose
No new money was created
Let’s goooo
Let the printer go brrr…
Lezzgoooo man!!
[deleted]
Shouldn’t be happy use should be concerned.
Though bitcoin is the life boat🤔
It was never gone, there was only a little break.
[WE NEED A HERO!](https://youtu.be/GI7sBsBHdCk?t=50)
I can’t believe we still trust banks with our money despite this reckless behaviour.There is daylight robbery and then this,which is at a completely another level!
Fed pausing is on the table.
Watch out Credit Suisse default (cds price hit record high) and some other banks going down next week.
Ah shit, here we go again
Damn. I was really hoping to pick up a foreclosed home for half price next year.
Can we get a round of printing for Celsius as well? Now that you fired up the machine!
Brrrrrrrrrr 💸💸💸
This is why bitcoin will win. They can’t stop printing at this point, and they won’t.
😂🤣🤣😂
We need the Rollercoaster up gif!!
Face melting print incoming.
Steady lads!
I love Lamp/Banks
Every 6th dollar needs to be a tracer.