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Tuesday, 04/13/2021 5:37:04 PM

Tuesday, April 13, 2021 5:37:04 PM

Post# of 156682
1 percent of 1 percent is $50.0 mil. even(?): All year long(?). April 14 is even the largest pay date of all the Stimulus checks. A lot of that will become investment money--which can be invested--even as investment capital funding.

Banks are not likely to raise savings deposit interest rates on all that sudden new cash, arriving this Spring. What cash they have, they will likely try to get rid of at lower rates than usual--just like mortgages. Funding firms are easily blessed. That will arrive from all sorts of sources.
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