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Bitcoin was Made for This & Swan Private Macro Friday - March 17th, 2023
The Café Bitcoin Podcast
Qe
FDIC just took a huge chunk out of their safe, so there are going to be additional fees that banks will pass out to consumers. But the other one you guys didn't mention is that because FDICJust took a giant chunk, Treasury stepped up and Treasury will be providing loans to FDIC. If another few banks fail and FDIC does make depositors whole, this increases the national debt. This is that checkbook that the government has. And this is what makes that ridiculous spiral where next year, it's not going to be a $1 trillion deficit.
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