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Mark Moss & Tone Vays | Bank Failures, FED, and Bitcoin | Swan Signal E101

Swan Signal Live - A Bitcoin Show

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The Banks Are Going to Consolidate

Silicon Valley bank happens to have more exposure to the longer term bonds that other banks did. So they had a more of their percentage in longer dated maturity US Treasuries. That's why this really fast increase by Powell caused that bank to pretty much break first. Now I understand why Powell's raising rates. But it looks like he's causing having in the private banking sector first.

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