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Unsupported gibberish.
Yeah ... And there's a bunch of things that look odd ... Like when the banks with the "proper" social scores can borrow money at a negative interest rate ...
While the Fed is raising rates on everyone else.
That's not speculative in nature ... But when in contrast ... Might actually mean something.
It might not be a direct root cause ... But how wide do we really want to cast the net ...
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I kinda thought the discussion was beyond you. I didn’t say it couldn’t happen.
Unsupported gibberish
Stop lying or post the ACTUAL quote from me.
I quoted you posting ... "Except that never happens" ...
It doesn't matter whether or not you want to think it could or couldn't happen ... When it already has happened.
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The problem is that Forbes is talking about the POTENTIAL for investors to react to a banks social profile when the reality of what happened in this case is anything but that..
Here's what Forbes has to say about the risks and benefits of ESG Banking ...
The author of the article actually put this comment in the article discussing the benefits of being conscious of our environment ...
And looking for solutions ...
"And just like that, I was hurtling down the autobahn at midnight, discussing the weird state of the world,
with one of the most charming drivers this side of the Rhine.
I made my way to the plane and, eventually, to Peru."
.
.Stop lying or post the ACTUAL quote from me
Except that never happens.
You lying sack of shit..
I already quoted you posting it never happens once ...
But if you want to see it again ...
.
If you want to try and make the point that "all" of the investors didn't take their money at once ...
It's because the bank couldn't give them their money and failed.
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Here's my post you lying POSExcept that never happens. “All the investors “ DON’T withdraw their money at once.
By demanding a certain level of liquidity bank runs are rare.
Having no regs in that regard basically kills the entire banking system.
Banks would NEVER be able to handle even small runs… or if they had all their assets liquid simply would not exist
So you appear to be claiming that you know the “root cause”
By all means share
You lying sack of shit.
WHAT did I say never happens? Oh yea...all of a bank customers withdrawing their money
Altered quote reported. Don't do that
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Yeah ... And there's a bunch of things that look odd ... Like when the banks with the "proper" social scores can borrow money at a negative interest rate ...
While the Fed is raising rates on everyone else.
That's not speculative in nature ... But when in contrast ... Might actually mean something.
It might not be a direct root cause ... But how wide do we really want to cast the net ...
.
So you're "root cause" is tin foil hat bat shitteryI've been telling you what was going to happen in the duration of my time here over the course of the last 7 years or so. Both how and why. And I was consistently and intentionally very thorough about it.
People like you very pridefully called me some kind of crazy tin foil hat asshole for my efforts.
It's too late for you.
Recession is the cure.
I'm content to watch it burn. I've no stake in any of this distortion. I'm good.
By abbreviating the quote you altered it's context so you could lie about what I said..
There's nothing altered ... It's what you posted ...
And I already addressed that in the following comments ... Multiple times ...
.
By abbreviating the quote you altered it's context so you could lie about what I said.
That's not only dishonest as fuck...it's a TOS violation.
Done.
Then report me dumbass ...
You understand the Rules about as much as you understand everything else ...
Which is not a lot ...
.
Done
In the United States, small banks (those with less than $15.2 million in transaction accounts) have no minimum reserve requirement. Banks with $15.2 million to $110.2 million in transaction accounts must hold 3% in reserve. Large banks (those with more than $110.2 million in transaction accounts) must hold 10% in reserve.
These reserves must be maintained in case depositors want to withdraw cash from their accounts. Banks may keep reserves in two ways. They can keep cash in their vault, or they can deposit their reserves into an account at their local Federal Reserve Bank.
Banking for one.
