Central Bank Digital Currencies | "Citibank Announces That It Is Able to Convert Customers Deposits Into Digital Blockchain-Based Tokens. JP Morgan Exploring Private Blockchain Based Deposit Tokens. Banks Able to Determine How Cash Can Be Used."
Banking Collapse | EMERGENCY PODCAST | "FDIC Can't Handle This. The FDIC Insurance Fund Is 0.03% of Bank Deposits. $125 Billion of FDIC Liquidity Backing Up $9.5 Trillion of Deposits. If Just Two Banks Fail That's It. It's Gone."
Fractional Reserve Banking | "Up Until Covid Banks Had to Keep On Hand 10% of Your Deposit, Then They Could Lend Out the Other 90%. When Covid Hit, They Got Rid of Those Rules. Then Banks Only Had to Keep 0% of My Deposit."