Matthew Yglesias

@mattyglesias ↗

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Last Checked Jan. 19, 2023

Created

Thu Nov 17 19:39:03 +0000 2022

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Matthew Yglesias @mattyglesias

Maybe the FTC should prosecute people who make false claims that you can secure a risk-free 8% return on a demand deposit account — it’s not a financial regulation issue, it’s a deceptive marketing issue. — PolitiTweet.org

if it's paying 8 percent, it's actually nothing like zelle, venmo, or a checking account https://t.co/FLq532RqiP https://t.co/eijgbbNQSf

Posted Nov. 17, 2022 Hibernated

Preceded By

Matthew Yglesias @mattyglesias

It seems like on some level the bank regulatory system is functioning well with regard to crypto in that the market can crash with no implications for the real banking system because all this crypto stuff is happening in offshore entities separated from normal finance. — PolitiTweet.org

Posted Nov. 17, 2022 Hibernated

Followed By

Matthew Yglesias @mattyglesias

That guy was French so it would be an EU issue not an FTC issue — but the point is the same, I would focus more on deceptive marketing than on trying to make the exchanges somehow work better. — PolitiTweet.org

Posted Nov. 17, 2022 Hibernated