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Flume, Nom de's avatar

Good rundown! Though now I have another question:

If the federal government is now insuring all bank deposits, why can't I just open an account with the federal government and cut out the middle man?

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Mark's avatar

In this inflationary environment where we’re basically waiting for a recession, isn’t a tech-focused recession the least bad option even if it puts other banks at risk? The risk of raising interest rates continually isn’t zero either, and it seems like an increasingly explicit bailout guarantee would be inflationary as it underwrites risks taken by financial institutions.

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