The Problem With the Fed

It's not just bank runs from fear. It's that you have a bunch of people that were woken up because of this crisis. So it should be interesting to see how that plays out. That's the problem with the Fed is that they push things into the wrong direction too far and then they've got a course correct which they overcorrect, right? And so now they're course correcting by going too far with interest rates and breaking regional banks.