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Stop Ironing Shirts (@StIroningShirts) - Financially Independent at 36

The Security Analysis Podcast

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The Fed's Handling of the Mortgage Crisis

The last six months of both a 0% short-term rate and then manipulating your long-term yields down like they did has just created a bunch of consequences that I think are, I mean, it's just going to take a long time to work out. And if you look at it, that's really the core of what killed Silicon Valley bank and first republic bank. They each had their deposit bases grow by 50%. That was funded by all of the spec money and all of the tech money that was, you know, turned out to be temporary.

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