Peter St. Onge of the Heritage Foundation discusses what went wrong with SVB, what should have happened next, and the problems with the bailout (which is said to be not a bailout, but it is).
Thomas E. Woods, Jr., is the 2019 winner of the Hayek Lifetime Achievement Award from the Austrian Economics Center in Vienna. He is a senior fellow of the Mises Institute and host of The Tom Woods Show, which releases a new episode every weekday. Visit https://tomwoods.com