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How Silicon Valley Bank Collapsed ft. Joseph Politano
The New Liberal Podcast
Why the Fed Isn't Hedge Their Interest Rate Bets So Far in Advance
"I can't understand how people could not have seen this coming. Like, what is probably the single most communicative federal government agency? It's probably the Fed," he says. "It's another thing to put such a concentrated amount of your assets on that bet and to in no way manage the risk associated with that."
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