The point that Ted misses here, along with the rest of the right-wing mob, is that the FeD’s error which helped precipitate this banking “crisis” was a failure to address inflation in ‘21 instead of waiting until last year. That years and years of near zero interest rates - largely as a result of addressing the REAL banking and economic crises of ’07’08 (brought to your doorstep by the GOP, of course) — also postponed inflation of today is another cause, too.
The point that Ted misses here, along with the rest of the right-wing mob, is that the FeD’s error which helped precipitate this banking “crisis” was a failure to address inflation in ‘21 instead of waiting until last year. That years and years of near zero interest rates - largely as a result of addressing the REAL banking and economic crises of ’07’08 (brought to your doorstep by the GOP, of course) — also postponed inflation of today is another cause, too.