“Well, we designate those as systemically important. Do you…” — Cato Audio at 23:47
“Well, we designate those as systemically important. Do you think the federal government's going to let one of them fail? Absolutely not. So it's the banks in between and depositors whose deposits are greater than a quarter million dollars who have to ask themselves, why am I the only one in the room taking a risk…”
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