Powell on national television testifying that there will be bank failures in the coming years.
But have no fear, it will only be the small and medium sized banks.
The Fed is not a conspiracy... he's plainly and publicly describing how they will consolidate power. https://video.nostr.build/15d0719a73070b94eb0fff313915445a7c9a9df3c60806ca0109a3f939eb341e.mp4
Oh good it's only the smaller and medium sized ones. The large honey pots of regulated controlled and "insured" institutional banks are perfectly fine, safe, secure, and also insolvent.
They're saying the quiet part outloud
I know right? Sometimes I feel the need to watch stuff like this over and over to make sure I’m not missing anything.
Powell is just trying to maintain the illusion that the ‘economy’ is real. If (and it’s a BIG ‘if’) the economy was ever real (and I don’t think so), it all ended with the 2008 GFC and money printing etc. If you’re still not convinced, consider that during the CONVID scam they shut down the world economy for 2-3 YEARS and yet here we are in 2024 and the ‘Economy’ is operating like NOTHING HAPPENED!!!
We just keep handing the lube to these institutions that are supposed to be safekeeping $$. Sad thing is the general profile of the people who get rugged.
