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Podcast: The Bill Walton Show
Episode: “Silicon Valley Bank: The Bill Finally Comes Due for Decades of Reckless Monetary, Fiscal and Regulatory Policy” with Rick Manning and Robert Romano
Description: 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. US Treasury Bonds? Sounds like a safe investment for a bank, but here’s the problem. After 40 years of relatively stable prices, we now have raging in...