Feb 17, 2023
Banks are absolutely 100% fine, and they will be for a very long time.
The households that have bank accounts on the other hand, will not be.
I recently got a question on one of my tweets regarding the reverse repo market decreasing, asking me whether, “the banking system will stay safe while the economy tanks?”
Essentially, yes. And here’s exactly what is going on and why that is the case.
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