2min chapter

Animal Spirits Podcast cover image

The Lender of Last Resort (EP.300)

Animal Spirits Podcast

CHAPTER

Savings and Loans - What Happens When You Rescue Depositors

It does feel like there was some complacency in regards to cash management. People are just now waking up to it. They probably should have woken up a few months ago. I don't think that there's going to be tons of money leaving Bank from American Jim more than going into money. It'll go with the money markets and CDs at the bank.

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