Banking with the Abyss feat. Nathan Tankus
TRASHFUTURE
00:00
Silicon Valley Bank, Is It Really a Public Utility?
The banking system overall, including the balance of payment system, really is a public utility that just happens to only have existed in as a series of private businesses. The less it acts like a public utility, the more crises it creates. It created this crisis because companies of Silicon Valley banks size and profile successfully lobbied,. led by Silicon Valley Bank itself, to be accepted from a number of regulations.
Transcript
Play full episode
