The Fed's Rate Increases and the CBDC

David Kirk Patrick said Sandy Spring Bank had to pull 21 million out of reserves to cover losses and is now laying off 60. This is driven by the Fed's rate increases. The bank did too many low rate loans and is losing money. Yeah, I think it's going to collapse and then they're going to introduce CBDC. And then your bank is going to dissolve, but the app will have all of your funds in it. Here comes. Yep. They will make you beg for the servitude. That's smart. You know, if you try to impose this on people, they are going to resist. yeah. People are demanding this stuff.