Thanks for the info you are providing on this. I find it (almost) comprehensible, and very helpful.
RE: The Fed Is To Blame For The Collapse of Silicon Valley Bank
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The Fed Is To Blame For The Collapse of Silicon Valley Bank
Thanks! yeah, a lot of this is buried in very long, very tedious, documents that few ever bother reading, plus obfuscating the reality by using bankster jargon. Stripping it away to reveal the mathematics - money is maths - can reveal what is really going on.
Glad it's helping, but if anything confusing, just ask.
eg the con that gov bonds are risk-free is a great abuse of language - of course, any competent banker would know this, but I see even BoA could be about to fall as they have a huge amount of fixed-interest losses they are carrying.
bingo
banks are not prudent nor risk-averse, they are terrified, as they are all holding up a house of cards while walking a tightrope.
why?
Because it is the fastest way to make profits from the most unproductive industry in the world.