Macro Musings with David Beckworth cover image

Steven Kelly on the Silicon Valley Bank Collapse and Its Implications for Financial Policy

Macro Musings with David Beckworth

00:00

The Diamond Divig Model on Bank Runs

Stephen Callay: The Diamond Divig model on bank runs may not be that useful, but does this situation fit it or not? He says there are precipitating factors. If you look at historical banking crises, there is some turn in the business cycle. There is recessionary news that comes in. You know, as you alluded to earlier, maybe we're living in a new age of where a Twitter rumor can start it.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app