Ace and Dean-O talk about the SVB collapse, the FDIC and the Fed’s responses, the closure of other banks with “systemic risk,” and the “don’t call it a bailout” from which VC firms are benefiting, before discussing the deleterious effects of centralized decision making.Connect:Ace: @Ace_ArchistDean-O: @PacingJouska (@deanofiles everywhere but birdsite)Ace’s Substack*All above links can be found at tetc.show*