Loading ...Thanks for the replies. I think the consensus is that of course nobody knows what’s going to happen, and nobody knows what will happen to the currency in the event of bank failure. I also think the consensus is that nobody trusts the banking system. The result is that we’re on our own to make the best judgements we can and live with the consequences. It’s a sad state of affairs, and it wouldn’t be happening if it weren’t for the Fed and its ability to print at will. Even worse than that, not even printing, but making digital entries that find their way into the economy. We’re screwed.
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