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1,897,102 views • 3 years ago •via X (Twitter)

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mike hobart's profile picture
mike hobart3 years ago

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:

mike hobart's profile picture
mike hobart3 years ago

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

theblej's profile picture
theblej3 years ago

@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?

mike hobart's profile picture
mike hobart3 years ago

@SenatorLankford

heath's profile picture
heath3 years ago

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

Wealth Theory's profile picture
Wealth Theory3 years ago

@SenatorLankford Fiat banking centralizes. It has to..

mike hobart's profile picture
mike hobart3 years ago

@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.

Mandrik's profile picture
Mandrik3 years ago

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

Moon's profile picture
Moon3 years ago

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

mike hobart's profile picture
mike hobart3 years ago

@SenatorLankford Or at the very least fleeing to JPM 🤣