Nearly 200 regional banks could fail if depositors continue to withdraw their funds, according to a new study.

The left continues to claim that mentally ill criminals have a right to victimize innocent people,

and Bud Light finally walks back. It's Dylan Mulvaney insanity.

I'm Ben Shapiro. This is The Ben Shapiro Show.

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Well, folks, Joe Biden and company, they keep telling you that your money is safe.

And here's the reality.

If you have your money in a bank, the money isn't just going to go away.

The FDIC has basically now stated that they will fill in any depositors whose bank goes under. But that's not really the issue right now. The real issue when it comes to a lot of the regional banks is that people are taking their money out of the regional banks because the rate of return that you get on your savings in a regional bank is not nearly as much as the rate of return that you are going to get from a so-called money market account. When you put your money in a money market account, you're going to be getting like a 5% rate of return.

When you put it incalled money market account. When you put your money in a money market account, you're going to be getting like a 5% rate of return. When you put it in the bank, you're getting like a 0.1% rate of return after inflation, which means why would you leave your money in a regional bank? And the reason that those regional banks have to guarantee those low rates of return as opposed to higher rates of return is because they don't actually have the asset base in order to pay you

at a higher rate. And herein lies the problem. Because if people keep drawing their money out of those regional banks, the regional banks are going to go under. If the regional banks go under, liquidity is going to start to dry up. If the liquidity starts to dry up, there's no more investment in businesses. If the investment in businesses stops. you have the 2007-2008 recession all over

again. According to USA Today, story by Swapna Benigopo Ramoswamy, with the failure of three

regional banks since March, another one teetering on the brink, will America soon see a cascade of bank

failures. Bloomberg reported Wednesday that San Francisco-based Pac-West Bank Corp is mulling a sale.

Last week, First Republic Bank became the third bank to collapse. That's the second largest bank failure in American history after Washington Mutual, which you will remember collapsed in 2008. After the demise of Silicon Valley Bank and Signature Bank in March, a study on the fragility of the U.S. banking system found that 186 more banks are at risk of failure, even if only half of their uninsured depositors. Again, those are the people who stand to lose a part of their deposits if the bank fails, right, people who have more than $250,000 in their account at these banks because the FDIC is only supposed to insure up to $250,000 of deposits. They're long. I mean, they will now insure pretty much all deposits.

But if half of those people decides to withdraw their funds, these banks go under.

Most bonds are currently paying a fixed interest rate that becomes attractive when the interest rates fall. But the problem is that all of these regional banks basically trusted the federal

government. Moral of the story, folks, do not trust the federal government because the federal

government is there to aggrandize itself at the expense of everybody else. So a bunch of banks took all of their assets. They put them in bonds, figuring that the federal government was not going to increase interest rates tremendously over the course of the next couple of years. Inflation was the thing of the past. We lived in the new modern monetary theory universe in which you could just spend

endless amounts of money and inflation would never hit. Inflation hit. And now all of those banks

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