"You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves."

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[–] [deleted] • 0 pt

Bond holder, you are more of a bond holder because that is secured debt. You get fdic insurance.

Now, Part of why inflation has run rampant, is because the fed does not want you to put your money in the bank, because it had to bail out accounts in the savings and loan crisis. But the inflation has hit critical levels. Something will give, but the fed is out of options.

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[–] • 1 pt

the fed is out of options

They are out of sane options. Knowing the Fed is a criminal operation, they can demonetize the dollar and switch to a Central Bank Digital Currency (CBDC) then they can enforce all kinds of draconian measures. They can also go to war and force the sale of commodities in dollars. None of these are off the table. The Fed is a trapped animal and is very dangerous.

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