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| The entire western financial system has a fatal flaw that will spell its undoing | |
 | The entire western financial system is based on "fractional reserve" banking, which is all based on the assumption that people don't move very quickly -- nor simultaneously -- to withdraw their money from financial institutions. But in the age of rapid information transmission and accelerated awareness of bank insolvency, large groups of people can pull their money out of institutions in mere hours (instead of the many days it used to take). Given that hundreds of banks in the USA are right now technically insolvent, this fractional reserve structure is almost begging for a wipeout as people learn the truth about their deposits not existing. Bank runs are inevitable. Smart people are planning accordingly. Get the full podcast report on this on my HRR channel at Brighteon.com: https://www. |
 Brighteon Broadcast News, April 17, 2023 - FIAT Date With Fate: The entire financial system will soon be obsolete |
 Why the entire western financial system has a fatal flaw that lead to its demise |
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