Viewing a single comment thread. View all comments

jojoyahoo t1_jeeykt9 wrote

Reply to comment by grimkhor in "No REALLY, we're doing fine" ~ every bank right now by JPowsSecretlover

Plus the fact that there's just under $18T in commercial deposits, so $600B is a drop in the bucket.

8

grimkhor t1_jeeza9b wrote

Yeah. There did some chart magic and borderline manipulation to make it look dramatic. The outflows headline for example doesn't match the chart description about deposit change. They also left out many important information like what change it is YoY or decade over decade nobody knows. Fishy.

6

46andTwoDescending t1_jef5zf1 wrote

600 billion is not a drop in the bucket of 18 trillion. I wouldn't call 3% a drop of anything, and in a system sensitive to fractions of a percent, it most certainly is not just a drop in the bucket.

5

46andTwoDescending t1_jef6c0t wrote

3% gains every day for a year on a $2,000 trading account and you have a quarter of a million.

That's sort of a big deal.

2