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A Puzzling Bailout and A Perilous Economy

WSJ Opinion: Free Expression

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The Role of the Fed in the Fed's Reforms

I think the bigger problem now is just lack of confidence and trust and fear, which is why I think it was a mistake to say this was systemic when I don't think it is. But that's really the question. Will people keep their head or just start withdrawing irrationally, uninsured deposits? And then you're going to force banks that are otherwise healthy to fail.

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