Yellen Casts Doubt of Covering All Depositors
March 17, 2023https://www.armstrongeconomics.com/wp-content/uploads/2023/03/Yellen-Doubt-on-Deposits.mp4 We have a serious problem here. Depositors in a bank are NOT risking their money as an investor in a hedge fund. They expect honesty and stability. If the bank is trading and doubles its money, it belongs to the shareholders – not the depositors. Likewise, a loss belongs to the shareholders and […]