I think the Fed needs to go hard on inflation I think it needs to tighten and engage in more quantitative tightening. If the banks if the whole banking system has serious problems as a result then we're going to have to address that. We may need capital injections into the banks and a restructuring the banking system because either you know you've got to deal with inflation or there will be very serious political instability.
UnHerd's Freddie Sayers meets Matt Stoller to discuss the case against the Silicon Valley Bank collapse.
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