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4min chapter
The $1M Bitcoin Bet with Balaji Srinivasan and Alex Gladstein (WiM289)
The "What is Money?" Show
Are They Going to Do Something More Similar to That?
The Fed did nine trillion of government securities in real estate, uh, between the end of the GFC and and 20 in early 2022. And I'm thinking this is actually a deflationary event in terms of the size of the economy starting to shrink because this fiat bubble is just so big. The most important question that any depositor at SBB can ask is why did the Fed and the FDIC know about the insolvency, not just of SBB, but every other bank and allow them to just blow up in bank runs? That's the most important question.
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