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2min chapter
Chris Whalen: Banking System On “Knife’s Edge” As Fed “May Destroy The World”
Forward Guidance
Analyzing Book Value and the Impact of Interest Rates on Banks
An analysis of the issue of reported book value and the importance of accounting for held maturity. High interest rates are debunked as beneficial for banks, and the concept of net equity value is explained. The chapter also features an advertisement for MetaMask Portfolio.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode