Forwarded from CognitiveCarbon Public (Cognitive Carbon)
The Fed knows something criticial here: fractional reserve banking is vulnerable. If a bank lends out 20-30X as much as it holds in demand deposits, it only takes 3-5% of depositors to panic withdraw to cause a bank crisis.
It's all about psychology, not about financial invincibility.
It was the Fed printing money (inflation) that caused the problem in the first place; that led to the Fed raising rates sharply to counter inflation (that it caused)...and now the solution is to print more money to bail about the banking system. Which is, of course, inflationary.
A vicious cycle.
It's all about psychology, not about financial invincibility.
It was the Fed printing money (inflation) that caused the problem in the first place; that led to the Fed raising rates sharply to counter inflation (that it caused)...and now the solution is to print more money to bail about the banking system. Which is, of course, inflationary.
A vicious cycle.
Forwarded from T͎R͎1͎N͎A͎C͎R͎1͎A͎ ⁂ ᴄʜᴀɴɴᴇʟ
Media is too big
VIEW IN TELEGRAM
"It's disturbing how ill-informed & naive the average American is on China."
@USNavy Admiral publicly states #China is the "number one challenge" of the 21st century and represents the most dangerous trend in #geopolitics.
Eye-opening speech.
I cut the 60 mins down to 5 👇
@USNavy Admiral publicly states #China is the "number one challenge" of the 21st century and represents the most dangerous trend in #geopolitics.
Eye-opening speech.
I cut the 60 mins down to 5 👇
👍1
Forwarded from VK Screenshots
So Bank of America? Bet the Feds would love to get their hands on that one considering...
12:10pm Eastern
12:10pm Eastern
Forwarded from MissPATRIOTChelseagirl (MissPATRIOTChelseagirl)
👀 Grassley Comms
Time and again sunshine proves 2b the best disinfectant☀️
Timestamp: 11:55 AM ET
Tweet
Time and again sunshine proves 2b the best disinfectant
Timestamp: 11:55 AM ET
Tweet
Please open Telegram to view this post
VIEW IN TELEGRAM
Forwarded from Midnight Rider Channel 🇺🇸 (Karli Bonne)
This media is not supported in your browser
VIEW IN TELEGRAM
O My Swalwell 🤣
Forwarded from Dot Connecting Anons (𝑀𝑒𝓁𝒾𝓈𝓈𝒶)
This media is not supported in your browser
VIEW IN TELEGRAM
Psaki: “President Biden does nothing at 9 AM… The fact that he [giving a speech about the bank failure] at 9 AM speaks to how vital the White House recognizes it is.”
🥴4😁2
Forwarded from ULTRA Pepe Lives Matter 🐸 (Pepe Lives Matter)
Jamie Lee Curtis: Gets caught posting a picture of a painting in her house of a naked child in a trash can.
A few months later:
Wins Oscar.
This surprises none of us.
Anons are wide awake to these people.
We only need the world to catch up now.
A few months later:
Wins Oscar.
This surprises none of us.
Anons are wide awake to these people.
We only need the world to catch up now.
🔥4