Banks are failing left and right. Many want to pinpoint bitcoin and "crypto" or poor risk management practices by banks as the cause of the contagion event that is under way, but the core of the problem is the Federal Reserves.
Banks are failing left and right. Many want to pinpoint bitcoin and "crypto" or poor risk management practices by banks as the cause of the contagion event that is under way, but the core of the problem is the Federal Reserves. Parker Lewis brings the conversation back to first principles to dissect the core of the problem; there is too much debt and a lack of dollars to service that debt. Especially when the Fed is pulling dollars out of the system.
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