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lonely bird

(2,286 posts)

2. Under fractional reserve banking...

Reply to BumRushDaShow (Original post)

Thu Mar 13, 2025, 07:57 AM

Mar 13

Banks are insolvent. Every bank is insolvent. They are illiquid and when they start selling “assets” the value of those “assets” drops until they are in free fall. Banks then demand or beg the government to backstop them.

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mpcamb eppur_se_muova

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Highlight:

Trump to name Michelle Bowman as top bank regulator at Federal Reserve, AP source says [View all] BumRushDaShow Mar 13 OP

Smart move by Barr Old Crank Mar 13 #1

Under fractional reserve banking... lonely bird Mar 13 #2

And if you add crypto into that mix BumRushDaShow Mar 13 #3

I'm surprised Gimpyknee Mar 13 #4