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Ohhhhh boy 👀
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Lankford: “How are you going to defend small banks from the incentive mechanism you’ve just created?” Yellen: “Well we don’t know that that is actually —…” Lankford: “It is. It is happening now. How are you going to address this?” Yellen:

Damn @Twitter is blowing up with these clips… spread the signal

@SenatorLankford Is it me or did she say she's trying to prevent bank runs on every bank, but this action is going to cause the largest depositors to run to the bank and get their money out to go to larger banks? We call that a bank run, no?

@SenatorLankford

@SenatorLankford OMFG! She literally said we are going to pick and choose who gets to lose money and who doesn’t.

@SenatorLankford Fiat banking centralizes. It has to..

@SenatorLankford It’s a self-cannibalizing system, there’s no other option for fiat. It dies either soon or later, of course the choice is later.

@SenatorLankford This is insane to watch even knowing fiat banking is a huge scam.

@SenatorLankford Christ…everyone should be fleeing the banks right now. Holy shit.

@SenatorLankford Or at the very least fleeing to JPM 🤣


