The Fed's Balance Sheet Jumped $300B Last Week. Is That Inflationary?
The Breakdown
00:00
Is the Fed's Retroactive Actions a Good Idea?
There's a structural bias for deposits to flow towards larger banks during periods of stress. The top five banks have a majority of deposits in the United States. My view is yes, there's a strong public interest in having a diverse robust competitive banking system that includes regional banks and technology firms.
Play episode from 48:38
Transcript
