Economy / FinanceRomeo Full Staff

Ben Carlson: More Money Doesn’t Make you Better at Managing your Finances


More Money Doesn’t Make You Better at Managing Your Finances Posted March 17, 2023 By Ben Carlson Source: A Wealth of Common Sense There were a lot of surprising details that came to light from the Silicon Valley Bank fiasco. It was surprising how quickly a bank run took hold for such a large institution. It was surprising how quickly the bank’s customers fled one of their most trusted partners. It was surprising how seemingly little oversight this now systemically important bank had. It was surprising the Fed was kind of asleep at the wheel in terms of understanding how their interest…

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