Biden Bank Regulator Nominee Wants Government To Control Your Money
3 years ago
1.27K
Biden’s Treasury nominee Saule Omarova: "there will be no more private bank deposit accounts and all of the deposit accounts will be held directly at the fed ... What would happen in an inflationatory environment when the Central Bank needs to contract the supply of money? How is it politically feasible for the Central Bank to effectively take money away from people's accounts?"
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