Powell Got Punk’d by Putin's Puppets. Could the Economy Get Him Next?
bloomberg.com
bloomberg.com
the FDIC fund is around $100 billion...the amount of deposits it is expected to cover is $14 trillion
the Fed will end up taking over the FDIC; the Fed's printing press is the only real backstop for even 10% of what Americans think the FDIC will "insure"
I hope Jerome Powell will be a benevolent dictator....