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lumost 4 hours ago

With the current concentration of wealth and banking, it almost seems like there is an incentive for banks to ruin themselves when they end up in a little trouble.

If the bank has trouble, shareholders/executives lose - if the banking system has trouble... then QE will solve the bank trouble.

JumpCrisscross 4 hours ago | parent | next [-]

> If the bank has trouble, shareholders/executives lose - if the banking system has trouble... then QE will solve the bank trouble

It's a game of chicken, though. The folks at Lehman and SVB didn't cash out. JPMorgan did. (Both times. Actually, all of the times since 1907.)

sciencesama 4 hours ago | parent | prev [-]

When can qe start ?