137 - Pick Your Poison
Mar 19, 2023•1 hr 4 min•Ep. 142
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Episode description
With the recent fallovers and subsequent bailouts of 5 American banks, largely due to the rising interest rates damaging the profitability of their government bond holdings, we are left with two bad choices: raise interest rates to fight inflation and cause more banks to fall over or lower rates to protect the banks and supercharge inflation?
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