The Seen and the Unseen - hosted by Amit Varma cover image

Ep 323: SVB, Banking and the State of the Economy

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

The Cost of Banking Regulation

There's an endless process of the technical details where geeky economists will sit with their statistical models and devise the next design. And I would be charitable vis-a-vis the kind of criticisms that are being made in the world that look failure is a part of life. If you have created banks that are so safe that these disasters don't happen, you're doing something wrong for society. So failure is normal and we should keep on learning the world will change. Who could have predicted that 42 billion dollars will run in one day?

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