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The Fed’s "Controlled Demolition" of The Financial System | Danielle DiMartino Booth
Forward Guidance
The Systemic Issue of Community Banks
Community banks have to pay more for deposits than JP Morgan or Bank of America because there's just a flight to those big money center banks that are in the big cities. I mean, what institution is going to help those community banks? You would think that that would be an act of Congress, but that would certainly be a popular thing for a politician to do. Think of the kerfuffle when Janet Yellen was asked the question and they went viral.
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