The Silicon Valley Bank debacle is the latest of a long historical line of bank runs, including the great depression. Unless you have more than $250,000 on deposit, this is nothing to you. It is good to question the obvious government blunders through the Dodd-Frank Act, FDIC, and the Federal Reserve. As usual it is all about protecting the rich. Too bad the great economist Milton Friedman is not around to advise us.
