Comment

The corporate owned and controlled media has failed to mention that banks keep very little of their customers deposits in cash and that a run will take down any bank unless the government chooses to intervene. The Federal Reserve's unconscionable repeated increases in the interest rate paid by banks is what spooked people at Silicon Valley Bank and led to a run by depositors and the collapse of the bank. Most of the depositors were small startups with millions on deposit to pay their workforce.…