Jerome Powell is Guaranteeing Bank Depositors?

The Fed's job is to create policies that promote the safety and security of depositors' funds within the banking system so that depositors feel confident that their money is secure and will not cause a panic if there is a financial crisis.
The phrase "played coy" suggests that the Fed's actions may have been somewhat secretive or indirect in this regard. However, the sentence also implies that the Fed's efforts were successful in preventing bank runs or other financial crises from spreading throughout the system, even if other banks experienced problems.

Watch more of this short video from Did The Federal Reserve Just Give The Green Light To Buy Gold? | Adam Taggart.

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