@tomashirstecon @M_C_Klein @JWMason1 @DanielaGabor @DavidBeckworth so … the current situation has shifted balance through (1) devaluation due to inflation, (2)

@tomashirstecon @M_C_Klein @JWMason1 @DanielaGabor @DavidBeckworth so … the current situation has shifted balance through (1) devaluation due to inflation, (2) more less unrealized balance sheet loss (which stressed SVB) and (3) this hypothetical scenario repurchase scenario which is what @DavidBeckworth calculation captures.

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