Banking crisis impact, more Meta cuts, and GPT-4 with Sunny Madra and Vinny Lingham | E1700
This Week in Startups
The Fallout of Financial Turmoil
This chapter examines the ramifications of the banking crisis, focusing on Silvergate Bank's collapse due to the FTX fallout. It discusses the regulatory oversights and liquidity issues that have plagued both banks and cryptocurrency entities, stressing the influence of inexperienced traders on financial stability. Additionally, it highlights the challenges faced by the Federal Reserve in managing inflation and maintaining trust amid rapid interest rate hikes and the instability of stablecoins.
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