The Stable Act and the Bank of New England

Sally Kohn: I think we're talking as though all of this is gonna change. But what I'm actually believing right now is kind of the opposite of that. She says Silicon Valley Bank's bail-in was essentially a bail-out, and it won't happen again. Kohn: We spend so much time trying to maintain these fictitious distinctions between different kinds of money. In practice, people just use this shit in very similar ways processed by banks.