#410: The Fed Is Trying To Bring Down The European Banks with Tom Luongo
TFTC: A Bitcoin Podcast
00:00
The Shadow Banking System and the Fed
Every other banking crisis that's ever happened in the United States since the formation of the Fed has saw a consolidation of smaller banks into bigger banks and, you know, the bigger banks eat the smaller banks. The commercial banks in New York don't want to be subservient to the Federal Reserve but it seems like when you consider who actually owns the Fed, which is like the larger, larger, systemically important banks they may have their game plan playing out perfectly.
Transcript
Play full episode
