2min chapter

Through The Web cover image

Digging Into Silicon Valley Bank, YouTubers Sued Over FTX, Everything Everywhere All At Once, GPT 4

Through The Web

CHAPTER

Is the Fed Banning VCs?

The Federal Reserve and the Treasury, they made a bit of an error. They said all banks who may be in trouble have their deposits guaranteed. So it's kind of put a bit of a moral hazard now in the system. But going forward, though, there hopefully will be some sort of safeguards against events like this.

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