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The logic of the bailouts is that you got to make them as appetising as possible. You got to make it so appealing to take these bail out funds that no one says no. And in that moment, the banks essentially get what they want. It's not clear at that point any more that you simply have the return of, youo, the american people ar the sovereign.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode