
Banking Expert Sheila Bair Talks Lessons From the Easy-Money Era
Barron's Live
The Current Environment of Higher Interest Rates
This chapter discusses the current environment of higher interest rates and how it differs from the past 20 years of easy-money era. It explores comparisons between characters in a book and real-life financial entities, highlighting the similarities in misbehavior and manipulation. The chapter also touches on the subprime mortgage crisis, regulation overlay, and potential risks posed by lightly regulated crypto platforms.
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