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Keeping it Simple | Ep. 24: We Don’t Need No Stinkin’ CFOs.

Keeping it Simple with Simplify Asset Management

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The Fed's Failure to Maintain Consumer Price Stability

The key to Silicon Valley banks extinction was with the Fed, says John Boulden. The bank's deposits went out not just because of the interest rate sensitivity, but because their underlying business model is one to lend money to people who continually need that money. If they had paid fix on a swap, so they short the 10 year balance sheet and they're earning for a LIBOR, an inverted curve, the stock will be at 300 now," he adds.

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