How Do You Solve the Banking Crisis?
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The venture capitalist-fueled post-modern bank runs in recent weeks have pundits wringing their hands that we've learned nothing since the 2008 financial crisis as they call for more and more government oversight. But what if the lessons are for central bankers, not regulators?
The crises at Silicon Valley Bank and Signature Bank were contained wildfires of liquidity losses that somehow shook Americans' faith in the banking system overnight. But this was no global credit crisis.
Source Fool.com
