THIS Is Why Banks Are Failing Now

The collapse of Silicon Valley Bank has left many Americans skittish about the banking system, and with good reason. As economics professor Richard Wolff explains, the private US banking system that maximizes the pursuit of profits at all costs is highly susceptible to runs, which explains why the nation’s history is littered with so-called “panics” that collapsed the economy. Jimmy and Americans’ Comedian Kurt Metzger talk to Professor Wolff about North Dakota, the one state with primarily publicly-run banks, and why that gives the state’s depositors more confidence in the stability of their banking system. Professor Wolff on Twitter: Professor Wolff’s YouTube channel: Become a Premium Member: Go to a Live Show: Subscribe to Our Newsletter: LIVESTREAM & LIVE SHOW ANNOUNCEMENTS: Email: Twitter: Facebook: Instagram: WATCH / LISTEN FREE: Videos: Podcasts: (Also available on iTunes, Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast player.) ACCESS TO FULL REPLAYABLE LIVESTREAMS: Become a Premium Member: SUPPORT THE JIMMY DORE SHOW: Make a Donation: Buy Official Merch (Tees, Sweatshirts, Hats, Bags): ? DOWNLOAD OUR MOBILE APP: App Store: Google Play: Jimmy Dore on Twitter: Stef Zamorano on Twitter: About The Jimmy Dore Show: #TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.