So in 2008 the big banks would have died all without the Fed deciding we should save them all

This time the small banks die because of fastest cycle of hikes in 40 years due to inflation out of control due to the Fed thinking they can print 30pct of the money supply in 2 years and it will be ok and….

…. the big banks buy the small ones at 0 while leaving any risk they don’t want to the taxpayer

Dimon saying “the system is very very sound” makes sense