| | | | The Federal Reserve is committed to crushing demand in the economy to lower inflation and it's putting a massive strain on all financial markets, assets, and institutions!
Insurance companies, Investment Banks, Pensions and even YOUR bank has been caught trying to earn some yield in a zero-interest rate world.
This has forced them to get more creative and riskier with their investments, and it's been fine…
Until it's NOT.
The Federal Reserve's commitment to fighting inflation made rates go higher and faster than at any time in history and now the creative and risky financial bets are turning into dangerous problems and could collapse the entire system.
Your asset prices are coming down, and many of you are staying in cash until you are ready to get back in the markets.
But... what about your cash in the bank? Is it really protected by the FDIC?
Maybe not. A recent video of a closed-door meeting of the FDIC just surfaced and you won't believe what they said!
Watch my most recent video where I break down what they discussed and what it means to our society, the dangers of keeping cash in your bank account during these inflationary periods, and what would happen to your money in case the worst happens.
>>> Watch the video. |
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