REPORT ABUSIVE REPLY
|
Message Subject
|
Wall St Journal reports about 200 other US Banks could repeat fate of Silicon Valley Bank. $300B at risk!
|
Poster Handle
|
Anonymous Coward |
Post Content
|
All banks are going to fail! Wake up people! there’s only $2 trillion of actual US currency in circulation. There’s $22 trillion in deposits. Over 90% of deposits are just digital fake bullshit
Quoting: Anonymous Coward 80578546 Their solution to that is simple: Get rid of the 10% good part. Quoting: Anonymous Coward 85407263 Some of that $2 trillion must be in people's wallets and home safes and cash registers and black market related locations so the bank currency deposits are probably less than $2 trillion. Quoting: Anonymous Coward 85162122 What is the dollar value of Federal Reserve Notes in circulation? I doubt it is anywhere near 2T. It would be a good question to ask Siri or GPT - but I have yet to gain access to either of those services. (Neither is free and readily available. If they were I'd have them already - so stfu about that.) I'm thinking physical cash is closer to the 50 billion range NOT 2 trillion. Coin in silver or gold - forgitaboudit.
|
|
Please verify you're human:
|
|
Reason for reporting:
|