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Pod 19: Silicon Valley and Signature Bank Collapse, Regional Bank Crisis, The Fed's Response, CPI, and New Fed Policies for Markets

Unusual Whales

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The Risk of a Bank Run and Systemic Problem

"I have to disagree about the notion that this, a risk of a bank run and systemic problem was overblown," he says. "Every small to medium enterprise, every high net worth individual in this country has an uninsured deposit account." He adds: "You can't run a business with 250k and a demand deposit account ... You can't do it"

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