Fed hikes to worsen bank crisis

It needs to happen. Too much fake money floating around. Rates needs to go up and some of the banks that created this crises need to close shop

Excellent stuff. I still think Powell will leave room for further hikes. Yes, he's that committed. And perhaps will soon be committed - in a straitjacket.

Whenever I hear ‘don’t worry’ I start to worry… Thank you for the insightful commentary.

😂🎯

“Fed hikes to worsen bank crisis” Inflation is significantly worse than banks failing. And everyone should be very happy to be getting 5% on their savings.

Nice shirt Peter! Appreciate your insights!

Thanks Brock -- it's my wife's civilizing influence! 😂

Thank you for your great insights and your tone of voice eich adds to a solid delivery. In a perfect world, this should be the economy section in the news.

This is similar to crypto. Most hacks are so juvenile and preventable that the only conclusion is insiding. For several years, everyone including the FED knew EXACTLY what would happen. "Transitory inflation"... all designed to concentrate power at the top. Wipe out small/mid size banks.