What the Silicon Valley Bank Collapse Means for U.S. Banking System

[@bennettlundberg1263]

Great episode. The only thing I’d say is the federal reserve is not backed by taxpayers. The FDIC comes from the discount rate banks pay the FED to borrow money. So if the bail out money is truly coming from the FDIC and the FED it’s not a bail out from the taxpayers. Also the $250 billion liquidity law that was passed is meant to prevent this from happening. So it wasn’t necessarily bad business but a precautionary to larger banks to make sure they can pay out. The messed up thing is that they were not following the rule they lobbied for themselves and everyone else was.

[@23cjohnston]

Big Chief fan

[@anthonymignano5918]

Alright bang bang

[@ryancallahan6412]

Thanks Chief

[@ddbol8586]

Silicone Lol

[@jordangoldsher2304]

Silicone😭😭😭😭 chief baby come on😔😔😔

[@andy8624]

The Busker ad is terrible.

[@WalkerA92]

Drink every time chief drops an F bomb

[@dwightschrute1216]

2 big problems THAT COULD come from this, 1: Smaller regional banks getting bought up and making larger regional banks creating an national oligopoly 1: Digital Dollar which means we might as well have a tracking device put up our ass.

[@poopshoes7579]

They won’t do a digital dollar because then it’ll be made public that the United States government is propping up the economy by using the CIA to control the drug trade and run human trafficking globally…the American government knows to always portray itself as the good guy and thus would never on a commercial level willingly go to a digital dollar

[@dwightschrute1216]

@@poopshoes7579 i can open my robinhood app right now and find a USD coin. Shits happened already its just implementing it

[@ANTIStraussian]

You typed this from your cell phone 🤦

[@emoser742]

Sil-I-CON not sil-i-CONE good lord

[@BergyTheGhost]

Bro, there’s less than 1k views. Something is wrong

[@jackbrassil5318]

Topic of this week's episode: Silicon Valley Bank Best Random Tangent of the Week: Hulk Hogan's Sex Tape Lawsuit Honorable Mention: Jeffrey Epstein

[@anonymoustv5770]

Wikipedia Chief

[@ML-kx9gz]

FIRST

[@poopshoes7579]

Last week Chief says Moses stole the arc of the covenant and this week is talking about bank failure…how long until Portnoy calls mossad to take care of chiefs anti-Semitic rants?

[@johnroemer4315]

i hope youre trolling

[@poopshoes7579]

@@johnroemer4315 im just following the dots that chief is connecting, also mentioned bankman-fried and Epstein in this episode too…is he not noticing the trend?