Comments by "Joe Swanson" (@joeswanson733) on "Government Bailout in Bank Run Crisis 2023 | Silicon Valley Bank + Signature Bank" video.

folks keep in mind here if banks know that the fed will always come and bail them out any notion of risk management goes right out the window. even any pretense of it will go right out of the window. morale hazard the fed would be scared sh-ltess if the big 5 just invest in anything go all in willy nilly because the fed will never let them fail. cdos mbs whatever sh-t like that but x 10
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@realchris eventually we'll just see nationalized banking the fed will directly assume control of all banking. no more private banks. it will all lead to fed digital currency token.
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