1 year ago

172

00:00 Intro
00:55 Bank Runs Intro
03:38 How banks work
05:53 Challenge of 0% interest rates
08:45 Parallel with Savings and Loan Crisis
11:45 Long term securities problem
14:21 Silvergate
18:21 Silicon Valley Bank
28:40 Cop City

Live Questions:
37:16 Positive portrayal of a banker in a movie: Ghost (Patrick Swayze). He is dead for most of the movie, but while he was alive he had plenty of integrity. And he goes to Heaven at the end.
38:15 This is not directed to you or Robert, but do you think many in the “progress” movement are evasive or naive in not addressing politics ? Rand thought if one talks about industrial progress one should talk about freedom.
39:55 I am a waiter at a fine dining restaurant. I make great money for the amount I work, but I can't help but resent it. The tipping system seems so corrupt and I feel like I'm getting away with something. How do I desk with this
41:18 Did you happen to see AEpstein's testimony before congress? Was very proud to see him defend himself and his position against the personal attacks of the Dems. No one questioned his argument.
42:39 Watching congressional hearings is so infuriating. I can’t stand not allowing the witness answer. And the politicians snobbishness. Taibi and Schellenburger took a bunch of crap for no reason.
44:23 PBS just showed Exodus. I like the scene on the hill Givat Hamoreth overlooking the valley and Mount Tabor. Is the film accurate about start Israel?
45:10 Have you seen the latest Iran Saudi deal brokered about normalising relations in China? what are your thoughts on it?
48:08 My hourly pay is a "tipped wage". Most states have laws that the restaurant only has to pay $2-$3 an hour because of tips.
48:42 Have seen Powell and Kennedy exchange about jobs?

49:50 Outro

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#SIVB #siliconvalley #Silvergate #bankrun #copcity #capitalism #Economy #Objectivism #AynRand #politics

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