Banking Collapse | "FDIC Bailouts Are Happening Now Are Going to Drain the FDIC. The FDIC Only Have a Maximum of $125 Billion In Its Insurance Bailout Fund to Start With. And the Value of the Dollars That You Have Will Continue to Erode." - Mike
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."
CBDCs | Grant Cardone "Banks Are Not Carrying Cash Because They Are Fractionalized Banking." + Catherine Austin Fitts Explains How Central Bank Digital Currencies Work
CBDCs | How Will America React to the Implementation of the Central Bank Digital Currencies (CBDCs) Currently Being "Tested" by Banking Giants and the New York Fed?
Silicon Valley Bank Collapse | "Americans Can Have Confidence the Banking System Is Safe. Your Deposits Will Be There." - President Joe Biden (Speaking 3/13/23 - Commenting On Silicon Valley Bank, Signature Bank & First Republic Bank)