The Fed is proposing more rules and tools for controlling the capital supply. They are worried about bank runs, and want more "legal" means of holding onto your money when you ask for it. This is simply one more bit of information that should help inform your decisions regarding preps and defensive positions.
Here's the story.
Kerodin
III
Let 'em do what they want with the money. It was their creation in the first place--I guess today is also the anniversary of the Jekyll Island gang convening--and ain't nuthin' but a noose anyway. Often.
ReplyDeleteWealth is what matters, and wealth is what's produced. Produce it, earn it, keep it, trade it. That's life, and that's worth defending.
Plus, we're witnessing the grossest misallocation of capital in all of human history, by far. No reason they shouldn't have all the rope they wish.