Matthew Yglesias

@mattyglesias ↗

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Last Checked March 17, 2023

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Tue Mar 14 12:47:59 +0000 2023

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Matthew Yglesias @mattyglesias

You know what would slow inflation would be if a nice chunk of America’s uninsured banking deposits went up in smoke, several banks failed, and the survivors jacked up interest rates on deposits to compete for customers’ money. — PolitiTweet.org

Posted March 14, 2023

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Matthew Yglesias @mattyglesias

RT @MDRC_News: Don't overthink poverty in the United States, writes @mattyglesias. Our welfare state programs work well, but they are relat… — PolitiTweet.org

Posted March 14, 2023 Retweet

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Matthew Yglesias @mattyglesias

This is what I don’t 100% get about the SVB rescue. In 2008 the worry was banking crisis would weaken an already depressed economy. But if today’s economy is overheated, it seems like a stronger case for rolling the dice knowing the Fed can cut rates to support growth. — PolitiTweet.org

Posted March 14, 2023