MacroVoices #374 Chris Whalen: Are More Banks Going To Fail?
Macro Voices
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The Fed's Failure to Protect Deposits in the Banking Crisis
Since Silicon Valley bank event, price of gold and other precious metals have moved back to the level where we're flirting with all time highs. When you start to make people worry if their deposits in their bank are safe, that's a problem. The way the Fed and the other agencies have handled this has not been optimal. I don't think Congress is going to be very happy if they see more failures.
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