#1177 Caitlin Long On Bitcoin & The Banking Crisis
The Pomp Podcast
00:00
What Is a Bank Run?
A bank run is essentially this move from deposits into treasuries. A lot of this again has to do with the interest rate where if the interest rates continue to increase, then naturally I can earn more yield on my assets. And so unfortunately, now that the world has figured out that there's a solvency problem as a whole in some in whole segments of the banking industry,. It means that they assets migrate into T-bills or it migrates into the large banks.
Transcript
Play full episode
