Viewpoints
Opinion

The Bank Meltdown Has Just Begun

The Bank Meltdown Has Just Begun
SVB (Silicon Valley Bank) logo and decreasing stock graph are seen in this illustration taken on March 19, 2023. Dado Ruvic/Reuters
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Commentary

Elite overseers of the U.S. banking system spent the better part of the week assuring us that all is well with it. You just have to trust them. They know. And we all know how much we can trust our overlords to tell us the truth, right? Such a wonderful track record of at least three years during which time anyone with power gladly lied to us about everything that mattered. But this time, they say, they can be trusted.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]
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