commercial banks
2 statements across 1 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement May 11, 2023 by Balaji Srinivasan · across every show →
Everything said about commercial banks, oldest first
May 11, 2023 negative
Balaji: Widespread bank failures are the central bank's fault, not the banks'
“When it's all the banks that are dying, that's a central bank problem. Right. It's like all your passengers are being thrown around and turned into paste on the walls of the plane. That's the pilot's fault. That's not the passenger's fault for not fasting thei…”
May 11, 2023 bearish
Balaji: Banks cannot hedge when the Fed hikes rates to 5% in a year
“You can hedge if it's like a one percent, you know, if you expect a one percent interest rate and it turns out to be 1.2% or something like that. Fine. You can hedge that. That's when the normal envelope, if you are told and everybody's told that it's going to…”