Inflation is at Target

[Toddsterpatriot]

How many depositors did each have?

How large were their assets?

 

[Harpy Eagle]

How large were their assets?

you first

 

[Toddsterpatriot]

you first

SVB- $209 billion
SBNY- $110 billion
FRC- $229 billion

What do you think, were they large banks or small?

 

[BackAgain]

The Wanker actually expects other people to be as gullible as he is. He makes the ridiculous mistake of accepting figures and proclamations from our government. But he refuses to accept all the contrary evidence.

The Wanker cannot even grasp the fundamental meaning of and reasons for “inflation.”

 

[Toddsterpatriot]

The Wanker actually expects other people to be as gullible as he is. He makes the ridiculous mistake of accepting figures and proclamations from our government. But he refuses to accept all the contrary evidence.

The Wanker cannot even grasp the fundamental meaning of and reasons for “inflation.”

He doesn't have much time to learn, those bank toilets aren't going to scrub themselves.

 

[Harpy Eagle]

SVB- $209 billion
SBNY- $110 billion
FRC- $229 billion

What do you think, were they large banks or small?

There is over 22 trillion in banks in the US.

The big banks have trillions themselves.

These were pretty small potatoes.

Heck, USAA has 110 billion and nobody would call them a large bank.

 

[Toddsterpatriot]

There is over 22 trillion in banks in the US.

The big banks have trillions themselves.

These were pretty small potatoes.

Heck, USAA has 110 billion and nobody would call them a large bank.

So, those 3 banks were small?

$110 billion in assets would put USAA in the top 30.
Out of over 2100.
Does that mean they're a small bank?

 

[Harpy Eagle]

So, those 3 banks were small?

$110 billion in assets would put USAA in the top 30.
Out of over 2100.
Does that mean they're a small bank?

They are not large.

 

[Harpy Eagle]

So, those 3 banks were small?

$110 billion in assets would put USAA in the top 30.
Out of over 2100.
Does that mean they're a small bank?

Since you found it so funny, when people talk about large banks, does USAA pop into your mind, or do banks like JP Morgan and Well Fargo and US Bank pop into your mind?

 

[Toddsterpatriot]

Since you found it so funny, when people talk about large banks, does USAA pop into your mind, or do banks like JP Morgan and Well Fargo and US Bank pop into your mind?

When you have the 14th, 16th and 29th largest banks in the US, by assets,
fail, you'd have to be a moron to say those were 3 small bank failures.

 

[Harry Dresden]

He doesn't have much time to learn, those bank toilets aren't going to scrub themselves.

he accepts what they tell him without question....you notice he never talks about all the financial problems people are having with this "booming" economy....its only just anything positive ...

 

[Harpy Eagle]

When you have the 14th, 16th and 29th largest banks in the US, by assets,
fail, you'd have to be a moron to say those were 3 small bank failures.

and you would have to be a moron to say those were 3 large bank failures given the size of actual large banks

 

[Toddsterpatriot]

and you would have to be a moron to say those were 3 large bank failures given the size of actual large banks

Well, they weren't small banks.
They were the second, third and fourth largest bank failures in US history.
Not what one would typically describe as small bank failures.

It's true, they weren't humungous banks.

 

[Libby von H]

Bye Bye inflation, you will be missed as much as another Jan 6th Insurrection.

Inflation came in at +0.2% MoM in core and +0%, that's right 0% MoM non core !!

The inflation reduction act is working perfectly.
The FED will be able to cut rates, soft landing on deck.

Joe "Bill CLinton 2.0" Biden is going to give us another Bill Clinton Golden Age of Prosperity.

4 more years for Joey B
4 years in the FEDs for Donny T

All our prosperity is always under democrat president, all our recessions, deficit explosions, and economic crashes are always under republican presidents.

Economic Calendar - Investing.com

Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.

www.investing.com

If you aren't alert for liars they will be alert for you.
That was a steamy heap of cowpies

Inflation Expectations Soar to 12-Year High as Consumer Confidence Plunges​

The closely-watched University of Michigan consumer sentiment survey shows a surge in inflation expectations and a drop in consumer confidence.

 

[Harpy Eagle]

They were the second, third and fourth largest bank failures in US history.

It total dollars or in percent of total amount deposited in all banks?

 

[Toddsterpatriot]

It total dollars or in percent of total amount deposited in all banks?

Assets.

List of largest bank failures in the United States - Wikipedia

en.wikipedia.org

 

[Toddsterpatriot]

Bye Bye inflation, you will be missed as much as another Jan 6th Insurrection.

Inflation came in at +0.2% MoM in core and +0%, that's right 0% MoM non core !!

The inflation reduction act is working perfectly.
The FED will be able to cut rates, soft landing on deck.

Joe "Bill CLinton 2.0" Biden is going to give us another Bill Clinton Golden Age of Prosperity.

4 more years for Joey B
4 years in the FEDs for Donny T

All our prosperity is always under democrat president, all our recessions, deficit explosions, and economic crashes are always under republican presidents.

Economic Calendar - Investing.com

Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.

www.investing.com

Joe "Bill CLinton 2.0" Biden is going to give us another Bill Clinton Golden Age of Prosperity.

Moody's changes outlook on United States' ratings to negative, affirms Aaa ratings
New York, November 10, 2023 -- Moody's Investors Service (Moody's) has today changed the outlook on Government of United States of America's (US) ratings to negative from stable and affirmed the long-term issuer and senior unsecured ratings at Aaa.

The key driver of the outlook change to negative is Moody's assessment that the downside risks to the US' fiscal strength have increased and may no longer be fully offset by the sovereign's unique credit strengths. In the context of higher interest rates, without effective fiscal policy measures to reduce government spending or increase revenues, Moody's expects that the US' fiscal deficits will remain very large, significantly weakening debt affordability. Continued political polarization within US Congress raises the risk that successive governments will not be able to reach consensus on a fiscal plan to slow the decline in debt affordability.

Ratings.Moodys.com

ratings.moodys.com

Don't underestimate Joe's ability to fuck things up.

 

[Harpy Eagle]

Continued political polarization within US Congress raises the risk that successive governments will not be able to reach consensus on a fiscal plan to slow the decline in debt affordability.

Explain how this is Joe's fault?

 

[Toddsterpatriot]

Explain how this is Joe's fault?

How is it not?
How many billions is he wasting with his
stupid Green New Deal...err...umm...Inflation Reduction Act?

 

[Harpy Eagle]

How is it not?
How many billions is he wasting with his
stupid Green New Deal...err...umm...Inflation Reduction Act?

One more time....explain how this (the words below) are Biden's fault...

Continued political polarization within US Congress raises the risk that successive governments will not be able to reach consensus on a fiscal plan to slow the decline in debt affordability.