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Banking benefits society when it’s stable. We should be ensuring that regulation is in place to prevent irresponsible risks such as the behavior of SVB so that
by Spooky23 4y ago
Banking benefits society when it’s stable. We should be ensuring that regulation is in place to prevent irresponsible risks such as the behavior of SVB so that banks like First Republic, which if anything is super conservative, aren’t driven out of business for no reason.
A world where banking consists of Chase, BoA, etc is not a good one.