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Bank Failures: Runs and Funds | Mark Thornton
2 years ago
18
SVB Bank and Signature Bank failed this week and were bailed out. Mark explains why the banks failed and why it was bound to happen. The minor issue is that the total FDIC bailout fund is actually smaller than either one of the banks.
Be sure to follow Minor Issues at https://Mises.org/MinorIssues.
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