@plutus @ForeignSubstance @johnserwach

5.75 plus normal fair. Was 10$ in some areas earlier

@johnserwach @ForeignSubstance @rubecube12

Utterly cringeworthy - 100% will be politicized
https://twitter.com/Stephen_Geiger/status/1636528106788777986?s=20

@ForeignSubstance @plutus @johnserwach

It has to be systematic. That's what the law says

@rubecube12 @ForeignSubstance @johnserwach

No one does math brah

@johnserwach @rubecube12 @ForeignSubstance

Unfortunately, most Midwest voters are like hygienists by their political persuasion

@plutus @johnserwach @rubecube12 Just a no-win Q in any case. "Do you want a bank run, or tighter credit?"

"Sir, may I have another?"

@ForeignSubstance @johnserwach @rubecube12

Of course Lankford spent all-night crafting this question; Yellen could've been much smoother

@ForeignSubstance @johnserwach @plutus

Podunk community banks are free to fail, but most of them have less than 50 billion dollars so thamwy are free from regulation even under the full Dodd frank law pre 2018. Yes there is different treatment, but that treatment comes with increased regulation

@rubecube12 @ForeignSubstance @plutus

I don’t think Joe six pack is concerned- he’s covered. Sure, the pines’s of this world are out buying silver bullion & MRE’s & ammunition - and the elites like the present company, well, u can only have so many accounts, amirite ? So I’m sure you guys keep your overage at the big guys. I imagine the Oklahoma wildcatters do the same.

@johnserwach @ForeignSubstance @plutus

Yeah nobody is keeping there overage at some small cap credit union. Unless they have an exclusivity clause like SVB put on all their clients

@rubecube12 @johnserwach @ForeignSubstance

Same dude who wants to break-up FANG because they are oligopolies but it's fine to kill small banks and leaving just the top 4 is ok.

I keep receipts Danny.

@ForeignSubstance @plutus @rubecube12

Dan, did you pass that stone yet ?

@plutus @johnserwach @ForeignSubstance

No recession. No collision

@ForeignSubstance @johnserwach @plutus

https://www.instagram.com/reel/Cpx2YW3DCEx/?igshid=YmMyMTA2M2Y=

@rubecube12 @ForeignSubstance @plutus

Kelton once again is the only voice of sanity in this madness—

https://stephaniekelton.substack.com/p/where-to-even-begin

@johnserwach @rubecube12 @ForeignSubstance

How many banks have to blow up before we realize it’s the conditions they are operating under and not the excesses of a few bank executives. Dick Fuld at Lehman was 100 times more deceptive during GFC than Becket ever was at SVB yet no one singularly put the blame on Lehman.

Powell’s mishandling if monetary policy should not reflect on Biden. Yet I feel many democrats go out of their way in defending Powell.

@plutus @ForeignSubstance @johnserwach

21 trips. 350. We're growing at 10% nominally. Where are all those cash gains going? Not the market

@ForeignSubstance @johnserwach @plutus

GDP NOwcast 3.2% with 6% inflation. = 9.2% nominal growth. You're the one spewing alternative facts concocted out of who knows where. Like Elon and FSD

@plutus @rubecube12 @ForeignSubstance

Just going to leave this here. Help you guys open your mind to what’s going on, or not— or as Dan might say “how come?”

https://stephaniekelton.substack.com/p/magical-thinking-monetary-thinking?utm_medium=email

@johnserwach @rubecube12 @ForeignSubstance

I've been up on MMT for 7 year; chattin up Tankus, who provides a lotta the substance for her

@johnserwach @rubecube12 @ForeignSubstance

Arresting just for Stormy - has to be more or else lame

@rubecube12 @ForeignSubstance @plutus Justice is blind—

Desantis is done - probably eats his candy bars with his hands too—

@johnserwach @rubecube12 @ForeignSubstance

How much dirt does Guo Wengui have on Trump - I bet plenty. Did he spill beans - ummm...
https://twitter.com/CNBC/status/1636334791862755330?s=20

@johnserwach @rubecube12 @ForeignSubstance

https://twitter.com/AkwyZ/status/1637058923843731461?s=20

@johnserwach @rubecube12 @ForeignSubstance

Guo wengui built his fortune by collecting & leveraging compromising information on all sorts of powerful and connected people. There is 0 chance he didn’t try this on DJT

@ForeignSubstance @plutus @rubecube12

Not sure what he’s gonna do? Make a deposit ? Tell people “banks are safe? Tell other rich people “banks are safe”?

@johnserwach @ForeignSubstance @rubecube12

Co-invest...

@rubecube12 @plutus @ForeignSubstance

I don’t think so- he hasn’t sufficient liquid funds for that- he has maybe $150B - this is gonna need more like 2T - not a damn thing buffets gonna do.