5min chapter

Money For the Rest of Us cover image

Are More Bank Runs Coming? The Collapse of Silicon Valley Bank

Money For the Rest of Us

CHAPTER

How to Prevent Insolvency and Hyperinflation

Not much has changed in the last week or so. There was herd behavior, contagion. We as individuals need to make sure that we keep our deposits less than the insurance amount. Match the term of your assets to your liabilities and when there's a mismatch, like we see in banking, that can lead to losses and failure. It's why I have 5% of my net worth in gold. This is simply general education on money investing in the economy.

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