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Pod 20: March FOMC, Banking Collapses, Jerome Powell, 25 bps, and the Fed Navigating Sticky Inflation

Unusual Whales

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Is the Financial Crisis a Big Deal?

15 years ago, there was a bunch of crappy loans and security holdings by extraordinarily highly levered banks. We spent 15 years trying to figure out a way to make these banks the risk of a bank failure go down. A lot of progress has been made but we're getting to a problem that is mostly concentrated in smaller institutions.

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