AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Arthur Hayes Says, “Get your Bitcoin, and Get Out!”
Bankless
The Bank Term Funding Program Is Constrained in Scope
The Fed just bailed out two banks. And if we, you know, take the media narrative at face value, it is the most toxic sector of the banking system. One bank went through the crypto bros, the other big one to the tech bros. I couldn't think of two worst constituents in American fashion. Right? So, and but, so we're starting to be a real good place. The management management got balanced and neck we holders got a donut. Okay. But the depositors got their money back. Well, why are they really going to do it for XYZ, bank and bumblefuck fly over country America, who lends to farmers?"
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode