Banking and Inflation
The discussion centers around the implications of government backing for bank deposits and the potential for systemic risks in the financial system. Ryan highlights how the social contract now includes assurances for bank deposits, while Brendan delves into the Fed's evolving role as a crisis fighter. The conversation raises critical questions about the balance between immediate crisis management and the long-term effects of avoiding accountability for financial losses.In this clip
From this podcast
Bankless
176 - What is Money in the Digital Age? with Brendan Malone
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