The Administrative State Strikes Again: Monetary Edition
They have done it again, and in a way that makes a flaming mockery of both honest market economics and the so-called rule of law. In effect, the triumvirate of fools at the Fed, Treasury, and FDIC have essentially guaranteed $9 trillion of uninsured bank deposits with no legislative mandate and no capital to make these sweeping promises good.
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed