Episode 220: “Silicon Valley Bank: The Bill Finally Comes Due” with Rick Manning and Robert Romano
03/28/2023
Guest(s): Rick Manning
This week, Americans for Limited Government published a provocative and insightful piece about the banking system asking, “Has the United States banking system become too big to save?”
In the past three years, to finance massive federal spending, the Treasury has issued almost $8 trillion new treasury bonds with almost $4 trillion bought by US banks during the tail-end of the Fed’s era of zero interest rates.
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