“Secured depositors, secured creditors have much less to…” — Cato Audio at 25:38
“Secured depositors, secured creditors have much less to worry about. It's the unsecured creditor. And if we could find a way to incentivize a layer of capital that is in the category of unsecured credit, or if we had private sources of deposit guarantees, which could be priced based on the risk of the bank, right? I…”
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