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The government should guarantee all bank deposits at Silicon Valley Bank to prevent a broader contagion of bank runs.
“I think that unless the FED steps in here over the weekend we're going to see potentially a a run on the regional banking system a Cascade like we saw in 2008.”
The All-In Podcast · Mar 2023 · 1 episode · 451K views on this topicThe government should backstop depositors to prevent the destruction of the startup innovation ecosystem.
“this can easily be structured so that the American people return twenty percent thirty percent maybe even double their money you could structure this so it is senior to everything else and is exactly what the government is supposed to do when there is a crisis”
The All-In Podcast · Mar 2023 · 1 episode · 451K views on this topicExtracted by a model; may misattribute who said what.