Bankless cover image

Ram Ahluwalia Predicts MORE Bank Failures

Bankless

NOTE

Nationalization of Banking Sector: Quasi-Public Institutions

The speaker discusses two perspectives within crypto circles regarding the nationalization of the banking system/nOne perspective highlights the acquisition of smaller banks by bigger banks, making the banking system almost like a public entity/nThe other perspective predicts a series of dominoes leading to a US dollar fiat blow up debasement catastrophe, encouraging listeners to invest in crypto/nThe speaker acknowledges that banks are quasi public institutions due to the nature of fractional reserve banking and the need for a centralized authority for liquidity and deposit insurance

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner