See and I thought it was just screwing over one investment firm.
But if all these banks are covering the loans it could be a big deal.
I just don't think the couple billion is really that much compared to the trillions in the total stock market.
I guess that's where the infinite stock comes in. Since they've signed up to sell 3x more stock than there is there is no max price.
Just think the independent investor greed will come in and people will start selling.
I saw earlier that Biden* is also trying to push a $1.2 trillion covid relief to banks.
But if banks are tanking where are they going to get that money to loan?
They will just print, the dollar will be worth nothing, and many people will wish they had invested in either a self sufficient lifestyle or precious metals.
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