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165 - Death of the Dollar?! with Lyn Alden
Bankless
The Unprofitability of Banks
The small and the medium banks are feeling the full effect of this. They have a long term duration bonds that they purchased and those things are underwater. And so there's almost like this slow motion crash happening where liquidity and deposits are flowing outside of these banks. I don't know how that gets solved. It feels like we may be band-aided the issue right now, but there are these long-term persistent issues.
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