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65. Bailout Brink: The Tale of Two Bank Collapses w/ David Phelps

On The Other Side

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The Job of Banks and the Job of Going Bankless Is Not So Different at All

I wonder if there's a world where the job of finance isn't simply cushioning us from its own trauma, but giving us tools for mutual aid and support. What would finance look like if we actually stopped relying on the approbation of central authorities to relieve us of their anxieties? I'm trying to say that the job of banks and the job of going bankless is not really so different at all. The last recession taught me to ask questions in the world that I'd never asked,. That even today, feel desperately unanswered.

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