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Banking Crisis Root Cause Explained by Austrian Economist Keith Weiner

Mining Stock Education

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How Long Does It Take to Go Bankrupt?

There's been a net withdrawal of deposits because the Fed has been, as a deliberate, monetary policy, contracting the money supply. M0 is shrunk by something like 16%. So you have this massive rush, banks buy these long-duration bonds, then you engineer a rising interest rate. At some point, that can't be concealed anymore.

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