JP Morgan Got Even Bigger as Money Supply Mysteriously Grows

The lesson from the Global Financial Crisis was supposed to be that banks should not be allowed to become "too big to fail." Any bank claiming to be too big to fail was therefore also too big to exist. But you would never know based on the banking crisis of 2023 that saw the biggest banks getting even bigger even as regulators declared their smaller rivals were now too big to fail. The net result is the big dogs get bigger as the little guys get gobbled up. That got even worse this week after JP Morgan bought up the leftovers from PacWest Bank at a discount. As always, you can see it in the charts. Put on your Tin Foil Hats, this one could get ugly!

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