EPISODE · Mar 21, 2023 · 40 MIN
Bank Carnage
from The David McWilliams Podcast
You wait for bank failures for years then... three come in a week, one in the home of banking, Switzerland,. This presents central banks with a dilemma. Central banks have two key mandates. One is controlling inflation which, right now, demands higher interest rates, the other preserving the banking system, which right now requires lower interest rates. What gives? Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
You wait for bank failures for years then... three come in a week, one in the home of banking, Switzerland,. This presents central banks with a dilemma. Central banks have two key mandates. One is controlling inflation which, right now, demands higher interest rates, the other preserving the banking system, which right now requires lower interest rates. What gives? Hosted on Acast. See acast.com/privacy for more information.
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Bank Carnage
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