Capitalism, except for the capitalists
Mar 16th 2023 4:13pm EDT
Back to the banks. For a few hours on Sunday, they fooled me. At 6:15 p.m. Sunday, the government and Federal Reserve announced they would guarantee all deposits at the two big banks they’d closed, Silicon Valley Bank and Signature Bank – removing the $250,000 limit on insured accounts to help prevent a bank run. […]
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