8 Comments
Mar 12, 2023Liked by Peter Nayland Kust

Timing. Comedians know its importance.

Banks cannot take money from those to whom they promise instant access to their funds and tuck that money away into a 5 or 10 year maturity.

Timing.

One day maybe all energy will be in the form of sunshine, wind and electricity. Meanwhile. Timing.

Biden and John Kerry, et al cannot crush fossil fuels on a dime.

Timing.

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Mar 11, 2023Liked by Peter Nayland Kust

Janet Yellen and all her underlings are partly to blame. They are the same people who fail to acknowledge that cryptocurrency is simply counterfeit US dollars.

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Mar 11, 2023Liked by Peter Nayland Kust

So if your company needs to hold hundreds of millions of dollars for immediate use, what is the safer practical alternative to a bank? Do you buy TBills and hold them directly in an account with US Treasury? Do you trust a brokerage and SIPC insurance? Do you disperse among hundreds of banks so insurance covers you?

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