The Propaganda of First Republic Silicon Valley Bank

JP Morgan Chase is going to make a fortune on this because they get it the wealth management alone. You're shepherding wealthy people who are well healed and maybe not the savviest people on the earth. No one's sitting around transferring a billion dollars out on a smartphone. It's absurd, but they keep pumping these fake notions. The banks problems were rooted in a wrong way bet on interest rates. So what about that central bank that printed five trillion dollars out of to the rich guys?