The Real Culprit Behind the Banking Crisis
Stansberry Investor Hour
00:00
The Fed Is Not Just the Lender of Last Resort
The Federal Reserve and even the government itself, they start out as this kind of thing of utility function. They're not supposed to do a whole lot else. The fact that it's centralized makes it too attractive and it becomes, and it gets abused and it takes over. And instead of being the umpire, the umpire takes over the game.
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