David Sacks

@DavidSacks ↗

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Last Checked April 2, 2023

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Sun Mar 12 18:55:29 +0000 2023

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David Sacks @DavidSacks

The Fed may or may not realize it but it has created a two-tier banking system: 1. Tier 1: Systemically Important Banks. These are the "too big to fail" biggest banks. If you have money there, it's a true deposit. You can't lose it. 2. Tier 2: Everyone Else. If you have money… — PolitiTweet.org

Posted March 12, 2023

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David Sacks @DavidSacks

RT @adcock_brett: SVB Founders Today is what will differentiate a good entrepreneur from a bad one: 1/ Get to the office. You are in the… — PolitiTweet.org

Posted March 12, 2023 Retweet

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David Sacks @DavidSacks

Virtue signalling idiocy. — PolitiTweet.org

It sounds like the government is *blocking* any big bank from absorbing the problem. https://t.co/NnDvVG16PE https://t.co/Yo7nO68wMZ

Posted March 12, 2023