hey we’re really enjoying these disappearing posts

  • Why don't you just tell me the rate of interest that you'd like to see?

    News

    Low Rates Squeeze Bank Profits To Record Highs

    I fell a little down the rabbit hole of this Journal article on “Low Rates Pummel Banks.” This has long been a mystery to me as there are two diametrically opposite narratives of banks and low rates in the world. In one, banks borrow for free from the Fed and reinvest at higher rates and […]

    / Oct 23, 2012 at 5:29 PM

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