Tag Archives: FDIC

The US Banking System is Sick and on Life Support

Fractional banking refers to a banking system where banks are required to hold only a fraction of their deposits as cash reserves. Banks only keep a fraction of deposits, such as 10%, available for withdrawals and payments. The rest is loaned out to earn interest. This allows banks to leverage customer deposits to issue new […]

Three of the Largest US Bank Failures Occurred Six Months Ago

Yes folks, that statement is 100% accurate. Three of the largest US bank failures in history occurred just six months ago. So what changed since then because it’s crickets according to mainstream media when it comes to the safety of the banks? Well, it’s not silent on all fronts. We are getting plenty of news […]

FDIC Committee (SRAC) Provides an Update on Our Money

On November 9, 2022, the FDIC Systemic Resolution Advisory Committee provided an update on the safety of our money with FDIC insurance. The meeting was led by Chairman Martin J Gruenberg, Director Michael J. Hsu, and Director Rohit Chopra. The chairman started the meeting by stating vital importance to the FDIC is the ability to […]

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