Comment on "RIP Good Times": Silicon Valley's Cuban Missile CrisisparentComments−yequalsx14yAt today's interest rates a bank is a destination in the minds of depositors. It merely is holding value and preventing a loss in nominal terms.Do you have evidence that people are leaving T-bills in disgust and investing in other assets?−herdrick14ySimply the fact that you can buy them in secondary markets.
Comments
At today's interest rates a bank is a destination in the minds of depositors. It merely is holding value and preventing a loss in nominal terms.
Do you have evidence that people are leaving T-bills in disgust and investing in other assets?
Simply the fact that you can buy them in secondary markets.