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Economy

bucolic_frolic

(47,365 posts)

1. There are 2 banks at every intersection, 7 in every town, and ATMs everywhere

Reply to Eugene (Original post)

Tue Apr 25, 2023, 09:13 AM

Apr 2023

Who would think an industry that produced no consumable, tangible products could become overextended?

The Fed has produced so much worthless money that it's all about chasing yield, even for banks!

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First Republic Bank deposits tumble more than $100 billion as it explores options [View all] Eugene Apr 2023 OP

There are 2 banks at every intersection, 7 in every town, and ATMs everywhere bucolic_frolic Apr 2023 #1