FDIC Bankers Discuss ‘Bail-Ins’ To Deal With Impending Market Collapse (Video)

READ HERE: The FDIC’s Systemic Resolution Advisory Committee (SRAC) held a meeting in November to discuss how the next market crash would occur and what steps would need to be taken to ensure not everybody tries pulling their money out of the financial system at the same time. One FDIC member noted that while institutions will soon be able to figure out the dire implications of a financial collapse, the general public should not, because that would lead to “unintended consequences.” The FDIC insures $9 TRILLION of bank deposits with only $125 billion worth of assets. The FDIC cannot insure everybody in a crisis when many people want to withdraw their money all at once. A critic on Twitter wrote: ‘If this goes down during 2023 … we can expect the mother of all Fed QE … $5 trillion instantly on the balance sheet expansion to bailout the banking system and massive amounts of Congressional stimulus and bailouts.” The article concludes that Federal Reserve-orchestrated bail-outs – and more inflation – are inevitable if there is a market crash.


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