The Banking Crisis and Crypto with Art Laffer
FYI - For Your Innovation
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Silicon Valley Bank: A Case Study
"I'm very protective of my Catholic would. And I don't like you to be in the middle of a debate and be slurs and slams," he said. "When you look at Silicon Valley Bank, let me try to describe it to you in a different way": The bank had been in the zero interest rate world for a long, long, long,. long, long time. They were struggling to get yield. What they did was they went out further and further on the maturity of government bonds ... It flipped them upside down."
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