
sr20230504_Money
Divine Intelligence, etc
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JP Morgan Chase's Roundup of High Net Worth Individuals
JP Morgan Chase is so big that I kind of doubt that JP Morgan Chase has got two and a half trillion dollars in deposits. The average bank in the US, if you look at the FDIC, just the metadata, the aggregate data, 42% or so of accounts are uninsured. It's so much easier to control those individuals if you've got them. Jamie Diamond knows what he's doing. He's extracting his pound of less for the fed before they can go and do whatever they're going to do to get CBDC. That's going to be solid it.
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