3min chapter

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BCB104: JOE CONSORTI: Recession, Real Estate, Banks & Left Nipples (Macro Update)

Blue Collar Bitcoin

CHAPTER

How to Run a Bitcoin Node

SVB got caught off-sides because the Fed had been so aggressively raising rates that they actually, at the market price of these Treasuries was down. Small regional banks are going to very likely take any amount of money over $250,000 and move it to larger banks. This outflow of deposits from banks, that's also a huge headwind for credit creation.

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