Patrick Bet David and Clayton Morris (et.al.) have good guests and provide both new information and interesting and deep analysis in these extraordinary times.
The administration claimed that taxpayers money would not be used to (not) bailout SVB, but the fact that FDIC doesn’t have enough money to cover, means the Fed will print it and more inflation will be the result. No problem for the bailed out billionaires of Silicon Valley. 🤬
Just in case you missed it, here is the press release assuring us that all is well: https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312b.htm
The administration claimed that taxpayers money would not be used to (not) bailout SVB, but the fact that FDIC doesn’t have enough money to cover, means the Fed will print it and more inflation will be the result. No problem for the bailed out billionaires of Silicon Valley. 🤬