Ep. 264 Is the Fed Bailing Out the Banks
Bob Murphy Show
00:00
The S&P Housing Bubble
SVP put a lot of their funds into treasuries, which are called the safest asset in the world. But they were longer dated ones and not as safe in terms of interest rate risk. SVP had more withdrawals than the typical bank did in 2022 because it just so happened that its customer base was losing funding sources.
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