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

<p>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.</p> <p>Was USDC ever at risk? Is crypto being targeted? Could DeFi have fixed this? Answers to these questions and much more in the episode. </p> <p>------<br /> 📣 RhinoFi | Makes DeFi Frictionless <br /> <a href= "https://bankless.cc/rhino">https://bankless.cc/rhino</a>  </p> <p>------<br /> 🚀 JOIN BANKLESS PREMIUM: <br /> <a href= "https://www.bankless.com/join">https://www.bankless.com/join</a>  </p> <p>------<br /> BANKLESS SPONSOR TOOLS: </p> <p>⚖️ ARBITRUM | SCALING ETHEREUM<br /> <a href= "https://bankless.cc/Arbitrum">https://bankless.cc/Arbitrum</a> </p> <p>🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE<br /> <a href= "https://bankless.cc/kraken">https://bankless.cc/kraken</a> </p> <p>🦄UNISWAP | ON-CHAIN MARKETPLACE<br /> <a href= "https://bankless.cc/uniswap">https://bankless.cc/uniswap</a> </p> <p>👻 PHANTOM | FRIENDLY MULTICHAIN WALLET<br /> <a href= "https://bankless.cc/phantom-waitlist">https://bankless.cc/phantom-waitlist</a> </p> <p>🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE<br /> <a href= "https://bankless.cc/MetaMask">https://bankless.cc/MetaMask</a> </p> <p>🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS<br /> <a href= "https://bankless.cc/earnifi">https://bankless.cc/earnifi</a>   <br /> -----<br /> Timestamps:</p> <p>0:00 Intro<br /> 7:48 The Last 5 Days<br /> 10:30 Technology <br /> 15:35 Fractional Reserves & Assets<br /> 19:17 Banking & Venture<br /> 21:44 SIVB Outlier <br /> 27:35 Risk Curves<br /> 29:35 Carry Trades<br /> 35:05 Money Markets<br /> 38:15 Who's Next?<br /> 40:55 Feds' Goal<br /> 47:15 Sneak Attack on Tax Payers?<br /> 49:30 Longtail Banks<br /> 57:39 Was USDC Ever at Risk? <br /> 1:03:10 SigNet <br /> 1:07:15 Is Crypto Being Targeted?<br /> 1:12:18 Interest Rates<br /> 1:18:35 Could DeFi Fix This? <br /> 1:22:24 Closing & Disclaimers