The Fed's Decline to Borrow to Small Firms

Silicon Valley Bank has a bubbled loan portfolio. And your small business is getting clocked, he says. That's precisely the lending that does not create inflation. When you lend to small firms, productive business investment. That's what banks should be doing. The more banks do that, the more you get economic growth without inflation. But it looks like the regulators, particularly the Fed, doesn't want that and so policies have been taken consistently to undermine that.