2min chapter

Plain English with Derek Thompson cover image

Silicon Valley Bank Collapse FAQ: Whose Fault Is It? How Can We Stop a Bank Panic? What Comes Next?

Plain English with Derek Thompson

CHAPTER

Federal Reserve Bank Guaranteed Deposits at Regional Banks

This was definitely a self-own in retrospect. The central banking policy for the last 15 years has sort of consistently said, yeah, we're going to step in. And yet no one quite believes them all the time. What is the government want ordinary depositors to think if they're at regional banks?

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