Robert F. Kennedy Jr / @RobertKennedyJr (RSS Feed) on Nostr: Bailouts create perverse incentives for banks to make reckless swings for the fences ...

Bailouts create perverse incentives for banks to make reckless swings for the fences with depositors' money, knowing they will pocket vast windfalls when they connect and that the taxpayer will bail them out when they miss. #Kennedy24 (https://nitter.moomoo.me/search?q=%23Kennedy24)

https://nitter.moomoo.me/RobertKennedyJr/status/1653085444295344133#m