Banks And Brokerages Are In Trouble or Inflation Is About To Explode?…

FDIC Chairman Jelena McWilliams Announces Resignation

You may not remember who that is. But I remember.

She gave us this little gem, just after the federal reserve changed the SLR ratio. (March 2020)

https://youtu.be/jdjzIaEDTnw

“Federal Reserve eliminated all reserve requirements for banks, which are now free to make as many loans as they want regardless of the level of Federally insured deposits they have. What could go wrong? They know something.

Have cash/crypto/gold/silver.

Here’s what she doesn’t tell you:

FDIC covers a max of $250k, and it would take them months to unwind a failure, and even longer for you recover that $

And this was just Bizarre and Nonsensical:

https://twitter.com/mattdizwhitlock/status/1476645685965451288?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1476645685965451288%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.investmentwatchblog.com%2Fwarning-banks-and-brokerages-are-in-trouble-or-inflation-is-about-to-explode%2F