In this episode of the Wisdom for Business and Life podcast, Levi Brackman delves into the recent turbulence in the economy and the banking sector. With the sudden shutdown of Silicon Valley Bank and Signature Bank and Swiss government support for Credit Suisse and the infusion of cash by other banks into First Republic Bank, Levi explains the underlying reasons for these events and their potential implications for the economy at large and what you should do about it. 

The discussion covers value creation, the role of money, the impact of low interest rates, the consequences of the Covid-19 pandemic and the belief in Modern Monetary Theory on the economy. As the Federal Reserve attempts to stabilize inflation by raising interest rates this episode offers valuable insights and wisdom on navigating these uncertain times and the importance of anticipating change in the financial world.

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Levi Brackman is a rabbi, Ph.D. in psychology, best-selling author of Jewish Wisdom for Business Success, and founder of Invown, a platform for real estate fundraising and investing.