Elon's Banking Wisdom: SVB was a canary in the coal mine. The rise of working from home (one of my dream jobs since childhood, back when the grown-ups around me thought earning a wage-earning job from a home office was nearly unthinkable) has upended the urban real estate markets. The Fed raising rates going into a recession is going to cause another economic depression. Without shutting off the money printers and government spending or seizing cash, you can't stop inflation.