@vijayshekhar Arey no sir! 1) Treasury doesn't issue "high yield" bills - people bid for it and they only pay the yield as per the auction. This is the same as India too. 2) Unlimited coverage cannot be permanent; banks will start lending to just about any joker cos win=bonus, loss=FDIC.
— Deepak Shenoy (@deepakshenoy) Mar 18, 2023
via Twitter https://twitter.com/deepakshenoy
March 18, 2023 at 05:24PM
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