Matthew Yglesias

@mattyglesias ↗

Deleted No

Hibernated No

Last Checked March 17, 2023

Created

Tue Mar 14 12:49:29 +0000 2023

Likes

134

Retweets

Source

Twitter for iPhone

View Raw Data

JSON Data

View on Twitter

Likely Available

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

Preceded By

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

Followed By

Matthew Yglesias @mattyglesias

Would I actually have the guts to go through with that plan if I had Jay Powell’s job? Or Joe Biden’s? I’m not sure. These are the times when I’m glad to be a writer rather than someone who has to make high stakes calls with time pressure and uncertainty. — PolitiTweet.org

Posted March 14, 2023