The U.S. Banking System, Federal Reserve, & USDC Post-SVB Collapse with Ram Ahluwalia

Ram Ahluwalia, CEO of Lumida Wealth Management, joins us to discuss everything that's happened in the past five days post-SVB collapse. Ram has his finger on the pulse on all things finance (crypto included), the U.S. Banking System, and The Federal Reserve.

Was USDC ever at risk? Is crypto being targeted? Could DeFi have fixed this? Answers to these questions and much more in the episode.

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Timestamps:

0:00 Intro
7:48 The Last 5 Days
10:30 Technology
15:35 Fractional Reserves & Assets
19:17 Banking & Venture
21:44 SIVB Outlier
27:35 Risk Curves
29:35 Carry Trades
35:05 Money Markets
38:15 Who's Next?
40:55 Feds' Goal
47:15 Sneak Attack on Tax Payers?
49:30 Longtail Banks
57:39 Was USDC Ever at Risk?
1:03:10 SigNet
1:07:15 Is Crypto Being Targeted?
1:12:18 Interest Rates
1:18:35 Could DeFi Fix This?
1:22:24 Closing & Disclaimers

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Resources:

Ram Ahluwalia
https://twitter.com/ramahluwalia

SVB is not like other banks
https://twitter.com/ramahluwalia/status/1635464465142480896

Why was Signature Bank targeted?
https://twitter.com/ramahluwalia/status/1635267951610810370?s=20

“Settlement Risk”
https://twitter.com/ramahluwalia/status/1635113232909373441?s=20

Conclusion
https://twitter.com/ramahluwalia/status/1634203375880265730?s=20

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
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