Replying to Avatar HoloKat

As long as mommy and daddy keep fixing things, the lessons will not be learned and will continue repeating.

When you get in a way of natural efficiency mechanisms you are only delaying and amplifying the pain of the future.
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Mike Brock 2y ago

What is particularly risky about FRB's balance sheet that set it apart from literally 100% of all other banks in the US? Other than the fact their customers are in a coordinated panic based on some rumors they read on the internet that we're amplified by SVB's collapse?

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HoloKat 2y ago

It sounds like the system is not functional then? If you know this could happen, why design it that way?

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HoloKat 2y ago

Something something doing the same thing and expecting a different result…