Rethinking Banking Subsidies
Jonathan argues for a fundamental shift in how relationship banking is financed, advocating for long-term capital instead of easily withdrawable deposits. Jules emphasizes the misleading nature of risk communication to depositors and highlights the detrimental effects of government subsidies on market competition. Together, they call for an end to the current banking system, suggesting that it perpetuates instability and hinders new entrants in the financial market.In this clip
From this podcast
All Else Equal: Making Better Decisions
Ep23 “When Banking Fails” with Amit Seru
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