Posted 3/19/2023 18:57 (#10148361 - in reply to #10147462) Subject: RE: we have our answer I think on interest rate moves
That is exactly what would happen. The FDIC only has so much $, the Fed has unlimited and will backstop. That is a core reason for having a central bank. The Fed won't let the system fail, but they are riding a line of trying to fight inflation as well. I hope they succeed.
we have our answer I think on interest rate moves
