The Demand Side of Currency and Money Supply

When banks rushed into real estate they are actually rushing away from risk. Banks can't touch Silicon Valley you know Silicon Valley Bank was a servant to Silicon ValleyYeah it wasn't lending to startups because to lend to startups is to lend to something the most there's nothing hard to lend to usually the business vanishes very quickly. Yet same idea something collateralized that that's less risky yeah interesting I think what we've been talking about some degree on and off is two sides of the same coin when you talk about the Federal Reserve printing quote unquote money, he says.