Kevin O'Leary Stuns CNN Panel Telling Them "Biden Just Nationalized U.S. Banking System"... - The Last Refuge
The CNN panel was jaw-agape as Kevin O’Leary appeared earlier today to inform them the decision by Joe Biden to guarantee every deposit in U.S. regional banks is akin to “Joe Biden just nationalized the U.S. banking system.” O’Leary is correct, and anyone ...
From the article:
*Downstream…. think about the consequences. Remember the frozen bank accounts in Canada as a result of defining truck protest supporting Canadian citizens as domestic extremists?
Now think about the government no longer needing to ask the bank to take action, the govt has a regulatory ability to demand the bank to take action. This takes “debanking” to an entire new level. People are wondering why cryptocurrencies went up in value today. There’s your answer.*
Oh BS.
I am pretty sure, this.
Considering the dollar amounts here and the fact the FedRes claims that they will back up any Bank during this time kinda points to a centralization of a huge amount of monies. If the Federal decides that they will make these banks whole by transferring cbdc to these institutions then logic would dictate that these banks will in turn tell their clients that their accounts will be cbdc funds.
How else could they possibly prop up these banks?
Just a theory, but a solid one.
Carry On!!!