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Unannounced to most people at least it didn't get a lot of press attention the federal reserve reduced the fractional banking requirement to zero in march of 2020. this means that a bank no longer has to have any percentage of deposit amounts in their bank or claimed in their bank in order to loan money out. they used to have to say have 1% or some percent of the total outstanding loans they had as actual deposits in their bank but now they can loan as much money as they want without any requirement of any actual deposits

Unannounced to most people at least it didn't get a lot of press attention the federal reserve reduced the fractional banking requirement to zero in march of 2020. this means that a bank no longer has to have any percentage of deposit amounts in their bank or claimed in their bank in order to loan money out. they used to have to say have 1% or some percent of the total outstanding loans they had as actual deposits in their bank but now they can loan as much money as they want without any requirement of any actual deposits

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[–] • 2 pts

They appear to be doing everything they can to burn the house down.

Global depression + bank crisis / frozen accounts = currency crash + stock market crash + real estate crash.

Hyperinflation leads to 20% interest rates... or simply runaway Weimar wheel barrels full of money to buy a loaf of bread.

National guard troops needed for security already understaffed and deployed trying to keep gov functional, so they are not available for security.

Lockdowns already destroyed 50% to 75% of all small urban retail businesses.

Transport logistics backlogs have crushed the just in time distribution model.

Deaths continue at an accelerated rate from the vaccines.

Now remember this - these are the guys who invented order out of chaos, and crisis, reaction, solution.

I don't say it lightly when I say get out of the cities, stock up, and dig in.