Recent comments in /f/wallstreetbets

DYTTIGAF t1_jdgpeww wrote

Reply to comment by nyse125 in Fed Balance Sheet by Mega-Lithium

You do realize these banks use their balance sheets for collateral?

We're getting ready to seen a tsunami of withdrawals in the next 60 days once the public's recognition of the fact takes hold that the FDIC can cover just 1.5% of all demand deposits.

Businesses, non profits, LLC, teaching institutions, and of course retirees holding above $250,000 with bank CD's all decide to seek saftey immediately.

Your going the see the folly of the decision to drop the reserve requirements to 0%.

MMM does not calculate "fear and greed" in any of its theoretical assertions. It leaves out the nastiness of a capital collapse from consideration. It leaves out the brutality and fear of the counter parties in a financial transaction.

I've been there. I've experienced it first hand. This is the moment that all the undisciplined behavior by these banks is going to be discovered and brought to the light.

Banking and capital preservation needs a "hard discipline" to make sure capital allocation is accountable and controlled.

Otherwise (as you saw with Credit Suisse last weekend) executives run for cover and all the skills that were supposed to keep a collapse from happening... disappears.

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VinnyEnzo t1_jdgnh3b wrote

165 million eligible working people could've gotten a $2500+ stimulus check with that money and let a few shit banks fail in the mean time.

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nyse125 t1_jdglaw5 wrote

We've known about why this uptick is in the chart and Jpow even clarified for the idiots who are still clueless about it during the fomc meeting. Basically, with BTFP, they're lending short term liquidity to banks to cover deposits if need be. The balance sheet will go down a year from now as QT is still in play.

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12zoro t1_jdgexov wrote

They could get the money down by only 400b before things started breaking lol. By this time next year, the balance sheet will be around 12T just to keep things steady and then we zoom to hyperinflation

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robbinhood69 t1_jdgenpa wrote

I feel like march 2020 taught people the wrong lessons since almost nothing went to 0 altho it felt like that’s where we were headed, after 3 weeks of bear we had 3% rallies forever everything was so bullish, hell back then even declaring bankruptcy was bullish (Hertz up 800% on the good news)

Ppl we are only -4% off local highs and jerome just told us his printer will likely stay off during our descent

Buy fucking puts jfc

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