March 16th, 2023 • 1 hr 5 mins • Download (52.3 MB) • Link with Timestamp
On this episode of The Saulty Show,
As banks invest in Treasury bonds for security, rising inflation has decreased their value and led to higher yields. Now, the impact of increasing interest rates has caused a reduction in profits, with some banks even facing collapse. Was this part of the government's overall plan for financial surveillance of the citizenry through a new form of digital currency?
Join the crew as we discuss the domino effect caused by Silicon Valley Bank and Signature Bank's collapse and other potential banks that could be next.