Crypto Update | What the Banking Crisis Means for Interests Rates and Bitcoin
Markets Outlook
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The Fed Needs to Pause at a Minimum, or the Fed Shouldn't.
Adrian Lust: Yellen's comments yesterday speak to how problematic and arbitrary the standard for being determined is a systemically important bank seems to be. He says such a policy would essentially tilt gravity in favor of the big banks, and could actually encourage large depositors to pull their funds from smaller community banks where they would not be covered. Lust: The BTFP bailout facility that we've told you about in the past is the latest attempt to allow banks stuck with underwater assets that get capital they need to avoid insolvency. But will it actually work? Nobody knows the answer to that question, but it's safe to assume that if this doesn't work, they'll invent some new way
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