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Ep23 “When Banking Fails” with Amit Seru

All Else Equal: Making Better Decisions

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The Importance of a Subsidy System in Finance

The current way of financing it is basically a huge subsidy for bank equity holders and out even say for bankers themselves. A large part of the subsidy goes in bankers' salaries, he says. "I think the time has come now to basically end banking as we know it"

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