Government’s Reckless Monetary And Fiscal Policies Led To Silicon Valley Bank’s Failure

SVB invested too much of its capital in U.S. government-backed bonds and then became a victim of the government’s irresponsible policies.

Photo by Armando Arauz on Unsplash

This was originally published in TheFederalist.com.

Silicon Valley Bank (SVB), the 16th-largest bank in the U.S., collapsed last Friday, becoming the second-largest bank failure in U.S. history after the downfall of Washington Mutual in 2008. Unlike Washington Mutual, SVB’s failure is not due to reckless lending but has …