After a multipurpose hangover cure, Center for Economic Policy and Research Senior Economist and longtime friend of the show Dean Baker edifies us with his analysis of the mainstream media's irresponsible reporting on the failure of Silicon Valley Bank along with some remarks on how the financial system might be restructured. On The Past Inside the Present, Seb continues his series on Soviet history and the origins of US-Soviet relations with a discussion of the Great Patriotic War and its significance.

You can follow Dean's musings on his Center for Economic Policy and Research blog, Beat the Press: https://cepr.net/blog/dean-bakers-beat-the-press/