2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC121: Bank Failures & Bitcoin w/ Steven McClurg (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Regional Banks Are in Trouble More Than Anybody Else

When we look at the problems, particularly at Silicon Valley Bank, it's looking like there's this much bigger, broader issue. High quality liquid assets were purchased at very low interest rates when we had low inflation prints that just seemed to always go lower for 40 years. And they all step into the market and they buy all these bonds and they put them on their balance sheet as high quality liquid assets.

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