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A comment on Yellen says government will help SVB depositors but rules out bailout. Parent comment
I don't see this as a fair statement. There is a difference between killing a startup and letting it die.
Zero interest-rate policy allowed for the creation of investors and startups that never had to think about the realities of managing cash.
Using FDIC insurance to keep them afloat is acceptable. Anything beyond that is silly.
I don't see this as a fair statement. There is a difference between killing a startup and letting it die.
Zero interest-rate policy allowed for the creation of investors and startups that never had to think about the realities of managing cash.
Using FDIC insurance to keep them afloat is acceptable. Anything beyond that is silly.