Banking Troubles on the Horizon?

Paul Craig Roberts- If the Federal Reserve has any intelligence, this signals the end of the rising interest rates. Inflation will have to be brought under control with supply-side, not demand-side p

The failure of Silicon Valley Bank (16th largest bank in US) last Friday resulted from depositors withdrawing their funds in response to a drop in value of the bank’s bond portfolios caused by the Federal Reserve’s ill-considered hikes in interest rates.  

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https://thealtworld.com/paul_craig_roberts/banking-troubles-on-the-horizon