#Lending

George Pearkes

pearkes

https://www.federalreserve.gov/newsevents/pressreleases/monetary20200409a.htm CARES Act gave authority for Treasury to capitalize Fed lending programs with up to $454bn (they can also do direct lending as well). These new programs use $195bn of

Osaretin Victor Asemota

asemota

Someone was arguing here that rich people buy yachts with liquid funds. I was laughing hard and had to give a measured reply. Banks prop up rich people because rich

Peter Conti-Brown

PeterContiBrown

Always a pleasure to read the words of the great @GeorgeSelgin, but George, you have misquoted the statute. 13(3)(B)(i) is very different from what you quote. /1https://twitter.com/GeorgeSelgin/status/1249733644278804480 The post-Dodd-Frank 13(3)

HFI Research

HFI_Research

JPM's move out of financing oil and gas is a really big deal because it's the largest lender in the reserved-based lending facility model.This credit line is what allowed US

Travis Kimmel

coloradotravis

A thread on inflation, and how it's not what happens next. This took me a while to understand, and I only got there due to @MetreSteven and @SantiagoAuFund - (thank

Amrish Rau

amrishrau

Banks have started charging for UPI. This is not surprising. Making MDR zero has second degree effects of mis-selling, systemic risk and stifling entrepreneurship Banks have resorted to hidden charges

Timo Harings

timoharings

.#DMM is a defi project thats not dependent on crypto people lending the fuck out of other cryptos. It's not having volatile returns ranging from 100% APY to 1% APY.

George Selgin

GeorgeSelgin

Short thread: The challenges these government-sponsored emergency loan programs must meet are daunting.https://twitter.com/GeorgeSelgin/status/1245691356829417472 For administrative reasons, and perhaps also to lever taxpayers' contribution, it m

Lyn Alden

LynAldenContact

Broad money growth generally occurs in one of two ways: either banks lend and create deposits (and thus increase the money multiplier, M2/MB) or when bank lending seizes up, governments

Bharat Ramamurti

BharatRamamurti

THREAD: In the coming weeks, the Fed and Treasury could choose to deny the Biden Administration more than $1 trillion of potential aid to small businesses and local governments. We

El Shakes.. 😷

kceenaomi

Walletreum $WALT is an innovative and efficient crypto-asset management tool for a real-world application with Lending, Borrowing, WALT Farming, OFF-Chain swapping with Zero fee (Inter-platform), and Solution to price depreciation

Victoria Guida

vtg2

BREAKING: The Fed on Thursday unveiled emergency programs that could dole out more than $2 trillion in lending to businesses of all sizes, as well as to struggling state and

K. Louise Neufeld 🇺🇸

ninaandtito

It’s time for a Postal Savings Bank. No lending. Just savings, where you can keep your money in cash or invest in savings bonds, T-Notes, T-Bills, and *maybe* highly rated

Peter Conti-Brown

PeterContiBrown

Briefly, there are two reasons why I don’t see the language George cites as relevant to whether the Fed must legally accept Treasury investment. /1https://twitter.com/GeorgeSelgin/status/1246129523051180033 First, the only mechanism to

Germinator

johngermany

For everyone complaining about BofA, Chase, Wells Fargo, etc. about the PPP rollout, it’s not the banks fault.I don’t mind blaming the banks when appropriate, but they are a now

Sizwe sikaMusi

SizweLo

The South African Reserve Bank has just loosened up some rules to allow banks to lend out more money than they normally would, by relaxing the amount of liquid assets