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E121: Macro update, Fed hike, CRE debt bubble, Balaji's Bitcoin bet, TikTok's endgame & more
All-In with Chamath, Jason, Sacks & Friedberg
Should We Backstop the Banks?
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Freeberg: Is it going to be a free market solution, you think? And we're starting to see them emerge. Wealthfront, Mercury Bank, both talked about load balancing across 12 accounts, $3 million. So, that would make some people who had over 250k, just instantly be back stopped and insured. That maybe covers this gap a little bit, Freeberg. But then what are your thoughts, just generally on, should we backstop the banks?
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