sub6manletnozygos
Luminary
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- Nov 19, 2019
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tomorrow street CEOs will be put before the senate committee on banking. this hasn't happened since 2008. what do you think they will be discussing?
i think they will be discussing the impact of inflation and the likelihood and quantum of possible bail ins and ball outs.
off record there will likely be more discussion on CBDCs or regional grouping CBDCs and discussion of the lessened financial role of retail and BBIBs in a CBDC environment, if a clear trajectory and timeline hasnt already been solidified
.
maybe they will talk about their newfound charitable spirit and how they want to finally create more retail banks to provide some SME loans... of course that will never happen unless you eat the literal and proverbial bugs and sign away private ownership, in form not substance of course.
hyperinflation per michael burry's autistic twitter tweets before he closed his twitter or schiff's rants on the profitability of commodity miners v magic internet money?
i think they will be discussing the impact of inflation and the likelihood and quantum of possible bail ins and ball outs.
off record there will likely be more discussion on CBDCs or regional grouping CBDCs and discussion of the lessened financial role of retail and BBIBs in a CBDC environment, if a clear trajectory and timeline hasnt already been solidified
. maybe they will talk about their newfound charitable spirit and how they want to finally create more retail banks to provide some SME loans...
of course that will never happen unless you eat the literal and proverbial bugs and sign away private ownership, in form not substance of course.hyperinflation per michael burry's autistic twitter tweets before he closed his twitter or schiff's rants on the profitability of commodity miners v magic internet money?
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