, replying to a user who'd suggested putting the intelligent language bot's GPT-4 update in charge of the Fed.
Some of Wall Street's top analysts had called on the Fed to pause its tightening campaign to support embattled regional US banks. The lenders are still reeling from the collapse of SVB Financial, Signature, and Credit Suisse in recent weeks. "A major driver of depositor flight is people moving money from low interest savings accounts to high interest money market accounts," Musk said.Bond yields tend to rise when the Fed lifts interest rates, making money market accounts more attractive.
Elon can't borrow practically with zero interest. Boo Hoo
Lol billionaires begging for government assistance.
Twitter employees
🇮🇳🫡🇮🇳
Tesla braucht weiterhin billiges Geld. Das ist der Grund dafür.
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