Wow, was washington mutual after?

Wow!

Would be good to have inflation between 2008 and 2023 factored in to make it more apples to apples. But still wow.

It's fair to say that the billions in 2008 bought more than the billions today. My guess is 480 billion in 2008 is buying 4.8 trillion today. And today's 280 billion was buying 28 billion in 2008. The inflated money supply is nothing to measure against except in what it could buy then and now....

Not after adjusting for monetary inflation though. I'd guess they're around 1/3 as big after taking money supply into consideration.

😬 nostr:nevent1qqs8kj57t04rpatguupqazlg7dwlfwjega46c7yhk0cdkq605a34ducpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygqyey2a4mlw8qchlfe5g39vacus4qnflevppv3yre0xm56rm7lveypsgqqqqqqstm4ysj

https://media3.giphy.com/media/tZyxxR4lUIRnTgIzl9/giphy.gif

Damn

Keep seeing this same comparison to 2008 repeated and it’s super misleading. Where is Bear Stearns? Where is Lehman Brothers? Where is Fannie Mae + Freddie Mac? Where is AIG? Where is RBS? You have less than 15% of 2008’s big failures in this data set. Why?

New record

To be fair they printed a fuck ton of dollars since 2008

This chart more than most would benefit from adjusting for *monetary inflation* and not just *CPI inflation.* More MeRgErS on the way.

But why compare values across time using shitcoins like USD?

nostr:nevent1qqs8kj57t04rpatguupqazlg7dwlfwjega46c7yhk0cdkq605a34ducpzemhxue69uhhyetvv9ujuum5dahx2u3wvdhk6q3qqny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysxpqqqqqqzfss820