The Modern Monetary Mechanism and Why Bank Profits Are Up
globalecon.substack.com
Photo by micheile henderson on Unsplash Last week and this week are “bank profit season” on Wall Street. The first quarter numbers came in for the biggest banks last week, others trickle in this week. Everyone has been watching with bated breath after the series of problems at Silicon Valley Bank (SVB), Signature, First Republic and Credit Suisse.
The Modern Monetary Mechanism and Why Bank Profits Are Up
The Modern Monetary Mechanism and Why Bank…
The Modern Monetary Mechanism and Why Bank Profits Are Up
Photo by micheile henderson on Unsplash Last week and this week are “bank profit season” on Wall Street. The first quarter numbers came in for the biggest banks last week, others trickle in this week. Everyone has been watching with bated breath after the series of problems at Silicon Valley Bank (SVB), Signature, First Republic and Credit Suisse.