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What’s Going On With the Recent Bank Failures?

The Strong Towns Podcast

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The Moral Hazard of Guaranteeing Deposits

When Silicon Valley Bank failed, the FDIC stepped in and guaranteed the full half million. "It's hard for me not to see the moral hazard here," he says. The question to Janet Yellen was, will you guarantee all deposits now? She said it would be up to the FDIC.

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