On todays episode of Forward Guidance, Nathan Tankus Author at Notes on the Crises joins the show for a deep dive into the shadow banking system, recent financial crises and the current state of the banking system post SVB's collapse.\xa0\n\nQuestioning conventional monetary theory, Nathan outlines his thesis authored in a recent paper released in January 2022 "The New Monetary Theory". Nathan also shares his thoughts on the current FDIC limit of $250,000 and how an increase in this limit could help prevent future bank panics. To hear all this and more, you'll have to tune in!\n--\nSubscribe To Notes on the Crises: https://www.crisesnotes.com/\nFollow Nathan on Twitter: https://twitter.com/NathanTankus\nFollow Jack Farley on Twitter https://twitter.com/JackFarley96\nFollow Forward Guidance on Twitter https://twitter.com/ForwardGuidance\nFollow Blockworks on Twitter https://twitter.com/Blockworks_\n--\nReferenced In The Show:\xa0\n\nTHE NIGHT THEY REREAD POZSAR (IN HIS ABSENCE): https://www.crisesnotes.com/the-night-they-reread-pozsar-in-his-absence/\n\nThe Best Way to Rob a Bank is to Own One: How Corporate Executives and Politicians Looted the S&L Industry: https://www.amazon.co.uk/Best-Way-Rob-Bank-Own/dp/0292754183\xa0\n\nTHE NEW MONETARY POLICY: https://files.modernmoney.network/M3F000001.pdf?ref=crisesnotes.com\n\nThe Federal Government Always Money-Finances Its Spending: A Restatement: https://www.crisesnotes.com/the-federal-government-always-money/\n\u2014\nUse code GUIDANCE10 to get 10% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023\xa0\n\nResearch, news, data, governance and models \u2013 now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/\n--\nTimestamps:\n(00:00) Intro\n(03:20) What Is Shadow Money?\n(14:51) The Collapse of SVB\n(22:42) The Bank Term Funding Program\n(29:29) The March Banking Panic Was NOT A Systemic Crisis\n(31:23) The Savings & Loans Crisis\n(37:37) Bank Crisis... But The Fed Hiked Rates?\n(45:17) The New Monetary Policy\n(01:04:03) Modern Monetary Theory\n(01:13:03) Re-Thinking Government Borrowing\n--\nDisclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.