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Matt Stoller: The case against the SVB rescue

UnHerd with Freddie Sayers

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The Uninsured Deposit Crisis in the Community Bank

I am really worried about a re-exceleration of inflation because what you know you're seeing like bitcoin is going up. Once these guys realize okay we've gotten bailed out where our balance sheets are fine and our liabilities got taken care of we can go back to speculating. That few that could fuel an inflationary fire if regulators come in and say no you're not going to do that they can potentially take care of that. I think the same dynamic where you have you've had really low rates and tight and loose financing conditions and now we're moving into a back back to sort of a normalized world. All of these structures that were built on low rates are under stress due to

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