
How Banks Really Work - and Why They Fail
Financial Heresy
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The Domino Effect of the Federal Reserve and the White House
White House stepped in to guarantee deposits at Silicon Valley Bank, even though 90% were above the threshold of being guaranteed. People start moving all their money to banks that they perceive as too big to be allowed to fail. A very easy fix for this whole thing would be to separate deposit banking from the financial system here and centralize it.
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