Moody's Chief Economist: Customers Will Ultimately Pay to Save SVB, Signature Bank Depositors

On Monday's broadcast of C-SPAN's "Washington Journal," Moody's Analytics Chief Economist Mark Zandi stated that ultimately, "we all bear the cost" of backstopping the depositors of Silicon Valley Bank and Signature Bank because banks will pass part of the cost on to consumers, but he thinks the backstopping was the least bad decision.