Weekly Roundup 03/17/23 feat. Alex Thorn (Bank crisis, Fed makes $2T available, Signature mysteries) (EP.406)
On The Brink with Castle Island
00:00
Crypto - Is There a Moral Hazard?
The three most pro crypto banks that ended up being shuttered, even though there's dozens of other banks that are distressed and that are in similarly precarious financial positions. This is not going to go away. You're going to seek banks emerge to bank crypto startups. At some point, the larger banks will start to get into it. The systemic risks did not come from crypto. They came from interest rates being hiked very quickly. So I really hope Congress takes up the mental here and actually ask the questions"
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