SVB CEO and other execs caught red handed with insider trading.
(media.greatawakening.win)
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Money did/does not simply 'disappear'.
This has been done time and again, and no, they don't need a bailout.
See Great Depressions/Stock Crashes, US history.
What are some alternatives to private/public bank ownership shenanigans?
Are banks truly necessary as middle men? If they have no actual assets other than YOURS, how is it not a fascist private/social organization with no service other than gatekeeper? Do you get interest on your savings worth a didley for the use of YOUR money? How are loans bought and sold by third, fourth and fifth parties and why do we allow this?
How many times would a bank have to go broke and reform in order to call itself the 'Fifth Third National Bank' while privately owned anyway? How is this done without shorting depositors?
Just thoughts.
Well... Money in a bank at this point is essentially binary ones and zeroes, so money COULD just disappear.
Re: Are banks necessary? Yes, to an extent. Local banks and credit unions are pretty necessary, as there is security in having your money insured and having its safety ensured with equipment you would not otherwise be able to afford.
Imagine being one of those mattress stuffers who has tens of thousands of dollars saved, and then lost it all in a freak fire. That's what banks prevent, and that's why a local bank is good.
As middle men, it does aid in payment processing in a very effective way, allowing you to order things that are outside of your state or country's scope. This is important for things like PC components, where we do not manufacture much, as well as source materials from various regions with the best prices to keep your costs low.
The problem isn't necessarily the bank directly.
The problem starts with the federal reserve, and festers from that point on.
All they did was make coin clipping devious again with the fed reserve. A tale as old as time. Now they do it digitally with 1s and 0s. Its made possible because the petrodollar. If half the world didnt have to buy our oil using USD it would have crashed a very long time ago. They are able to print and create trillions of dollars to pay defense contractors, bribe politicians, lobbying, fund wars, fun the startup companies that their tribes own and operate and choke out the rest. If a country threatens to go off our petrodollar we have them overthrown, mutilated and bayoneted in the ass.
If you understand the DOLLAR and who is behind it, you understand every major conflict in the last century or more.
Why do you think we blew up Nordstream 2? It threatened our petrodollar.