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4min chapter
Why Bank Money Is “Disappearing” | Patrick Perret-Green
Forward Guidance
The Fear of Contagion in the US Banking System
US banks was was well over 600 billion dollars so roughly about a quarter of the cap of the actual capital of the US banking system. The problem is small banks have grown rapidly it's very clear for an offensive post-mortem that they while their assets exploded uh the oversight didn't accordingly. Even allowing for deposit insurance and the great majority of deposits in the US don't even challenge the 250 000 limit.
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