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Turmoil continues as dead canaries pile up in the Euro$ mines. People are noticing the carcasses.

Eurodollar University

00:00

The Distorsions in the Monetary System

Musk: Helicopter money led to a whole bunch of bad things, including what he says is inflation. Bank failures don't associate with necessarily inflationary periods, especially where there's lots of money. As cash has migrated away from regional US banks, it has exposed their balance sheets. That's really where the deflation comes in, and that's where the global banking danger is going to be throughout the rest of this year.

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