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CD93: Bank Runs and Macro Update with Dylan LeClair

Citadel Dispatch

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Is This a Bailout?

"This is all just kicking a can down the road," he says. "I expect the, I expect the, the agent to still spread tomorrow morning" He thinks every fractional reserve bank is inherently insolvent and should not be bailed out. The Austrian anarcho capitalist in me is like screw on bailout; you're an unsecured creditor.

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