Powell’s claims the FDIC’s insures all bank deposits, but the FDIC is broke! They only have $100B for $18T worth of deposits. So who insures the FDIC? The Fed will have to bail them out, print money, and inflate the economy. Brace for impact and beware of rising inflation. This clip is from Episode 881 of The Peter Schiff Show. To listen to the full episode, visit https://SchiffRadio.com #powell #fed #swap #banks #bailout #broke #fdic #us #government #deficits #insurance #treasuries #mortgages #
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Powell’s claims the FDIC’s insures all bank deposits, but the FDIC is broke! They only have $100B for $18T worth of deposits. So who insures the FDIC? The Fed will have to bail
Peter Schiff. Peter Schiff · Original audio. Powell’s claims the FDIC’s insures all bank deposits, but the FDIC is broke! They only have $100B for $18T worth of deposits. So who insures the FDIC? The Fed will have to bail them out, print money, and inflate the economy. Brace for impact and beware of rising inflation. This clip is from ...
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