Will the regional banking crisis ever end? - Episode 149

Cas Piancey and ‪@bennettftomlin‬ discuss the ongoing struggles of regional banking in the United States, and why these issues with the system persist.
This video was recorded on March 6th, 2024.
Read more: cryptocriticscorner.com/2024/...
Additional episodes mentioned in this episode:
Episode 147 - MONEY TIME: Deltec Bank moved customer funds from FTX to Alameda Research
• MONEY TIME: Deltec Ban...
Episode 116 - The FDIC, Infinite Insurance, and Moral Hazards (feat. Rohan Grey)
• How To Insure All Bank...
Additional resources:
Other places to find Crypto Critics' Corner
Website: cryptocriticscorner.com/
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Bluesky: bsky.app/profile/cryptocritic...
Mastodon: mstdn.social/@CryptoCriticPod
Twitter: / cryptocriticpod
Instagram: / cryptocriticpod
TikTok: vm.tiktok.com/TTPdPN2hK9/
Bennett's KZread: ‪@bennettftomlin‬
Bennett's D&D KZread: ‪@BTDND‬
Bennett's BlueSky: bsky.app/profile/bft.wtf
Cas' BlueSky: bsky.app/profile/caspiancey.b...
Bennett's Mastodon: mstdn.social/@bennetttomlin
Bennett's Twitter: / bennetttomlin
Cas' Twitter: / caspiancey
Bennett's Newsletter: TheFUDLetter.com/
Cas' Blog: / thecaspiancey
Bennett's Blog: bennettftomlin.com/
Timestamps:
#crypto #cryptocurrency #podcast #podcasts #listenable

Пікірлер: 32

  • @steveballmer5945
    @steveballmer59453 ай бұрын

    These guys not having 100K subscribers is a crime.

  • @Grumpious_Maximus
    @Grumpious_Maximus3 ай бұрын

    What a gem of a segment. Great job guys.

  • @marilee3566
    @marilee35662 ай бұрын

    Thanks, guys! Once again a great, educational discussion/rant..

  • @SuprBestFriends
    @SuprBestFriends2 ай бұрын

    So much to cover with banks. Great vid! Keep it up.

  • @smc4229
    @smc42293 ай бұрын

    I really liked the middle part of the episode where you both struggled with how a bank can simultaneously be a: Public good Reward shareholders Take care of customers and their deposits And how maybe you only get to pick one (shareholder value) in a capitalist system

  • @TheVirtualObserver

    @TheVirtualObserver

    3 ай бұрын

    I think a balance could be made in a carefully tuned stakeholder-capitalist system, however considerable regulations and political will to enforce those regulations would need to be in place first to ensure that the system doesn't revert back to a shareholder-capitalist system.

  • @AmaliaAlexieff
    @AmaliaAlexieff2 ай бұрын

    "Shareholders" vs. depositors: No man can serve two masters..."

  • @doodlebug1820
    @doodlebug18203 ай бұрын

    i would like to see you guys interview some of the old timers who used to regulate banks, work in banks, or especially write about banks, who are retired and no longer have so many restrictions on what they can talk about or what they can say. I feel like they can have some good insights on these theoretical big picture concepts.

  • @sunnohh
    @sunnohh3 ай бұрын

    In Cas coin we trust

  • @edwardsp1916
    @edwardsp19162 ай бұрын

    I'm surprised by Cas's comments on pharma as some of those companies are worse than banks for their greed of money.

  • @xJAKEx117x
    @xJAKEx117x3 ай бұрын

    That whole video, that whole rant was just to shill CasCoin... Well, I fell better. Lol, but in all seriousness, good video guys.

  • @FxMedSupport
    @FxMedSupport3 ай бұрын

    Thank you for a new show

  • @picahudsoniaunflocked5426
    @picahudsoniaunflocked54262 ай бұрын

    It's bonkers the authorities treat transparent oversight + accountability like they're public infohazards.

  • @bigchestNick
    @bigchestNick2 ай бұрын

    I love this program, love hearing you both get fired up and love the topics you cover.

  • @mdevvvo
    @mdevvvo3 ай бұрын

    keep up the good work

  • @richardlivings8640
    @richardlivings86402 ай бұрын

    The lack of any consequences from the Silicon Valley collapse means there were lessons to be learned…which is why they are carrying on as before.

  • @colekombrinck
    @colekombrinck2 ай бұрын

    if people actually cared or knew about crypto they’d listen to this pod

  • @picahudsoniaunflocked5426
    @picahudsoniaunflocked54262 ай бұрын

    The only thing wrong with community banks is they don't bet on Cas Coin

  • @1painter4hire
    @1painter4hire3 ай бұрын

    Love these Guys ! In a professional way .. well in a i respect their work way... Not in a diddy way ... 😂😂😂

  • @Farmer1224
    @Farmer12243 ай бұрын

    #️⃣ CasCoin

  • @sansmuch
    @sansmuch2 ай бұрын

    You swapped sides on the screen! Discombobulating :)

  • @davidwcooney
    @davidwcooney2 ай бұрын

    You keep saying that banks are a public good, but that is not actually correct. A public good is something that is owned by the government for the public use. This would be like the buses used for public transportation or public utilities. I would agree that a bank is a social good, but as privately owned institutions they are not a public good. However, if the government is going to backup the banks, then the government certainly should place obligations on them.

  • @__Dave__
    @__Dave__3 ай бұрын

    Go visit your local DMV and then tell me how banking should be a public good lol. There is a middle ground between treating them like utilities and the blank check bailouts packed with moral hazard.

  • @__Dave__

    @__Dave__

    3 ай бұрын

    That middle ground is found by breaking up these GSIB sized mega banks and going back to smaller, more decentralized banks. Each one individually is riskier but the banking system as a whole is less risky. Our local community bank pays employees for one day of community service a year plus being more flexible when lending locally and backing local charities.

  • @__Dave__

    @__Dave__

    3 ай бұрын

    If there’s a big deal that needs done just do a participation, it’s standard practice at smaller banks.

  • @carlchristiansteglich-pete6409
    @carlchristiansteglich-pete64092 ай бұрын

    Wow, how ridiculous bringing personal feelings into the show