March 17, 2023 –
[unable to retrieve full-text content]The Bank Panic of 2023: If you can bail out the banks, you can roll back prices:
By Gary Wilson
In effect, the government has nationalized the bank insurance system to guarantee all deposits, starting with the wealthy depositors at Silicon Valley Bank, Signature Bank, and Silvergate Bank.
The obvious question is, if they can bail out the banks, why can’t they roll back prices and end the inflation crisis for the working class? They could do it but won’t unless there’s a fight for it.