Matthew Yglesias

@mattyglesias ↗

Deleted No

Hibernated No

Last Checked March 15, 2023

Created

Sun Mar 12 21:51:06 +0000 2023

Likes

111

Retweets

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

Matthew Yglesias @mattyglesias

Rising interest rates depress bond prices impairing bank balance sheets leading to bank failures leading to flight to quality leading to lower interest rates which raise bond prices and improve bank balance sheets. The circle of life. — PolitiTweet.org

Posted March 12, 2023

Preceded By

Matthew Yglesias @mattyglesias

RT @IrvingSwisher: The one Fed Governor who did not go along with aggressive implementation of dereg efforts post-2018 is now the head of t… — PolitiTweet.org

Posted March 12, 2023 Retweet

Followed By

Matthew Yglesias @mattyglesias

I think a lot of the tech community has misconstrued what makes this situation difficult. Normally failed banks get resolved with no losses to depositors (insured or otherwise) and no government bailout because the FDIC sells the bank to some other more solvent bank. — PolitiTweet.org

i believe that if Silicon Valley Bank were instead called Farmers Bank Of Santa Clara (they bank a lot of winegrowe… https://t.co/MaoJdFd49L

Posted March 12, 2023