When you examine the current regulatory climate closely, March 26th 2020 being a key date, it becomes clear that “fractional” reserve banking has become ZERO reserve banking. Or, FICTIONAL reserve banking. The FED knows this. That’s why they broke their own rules so quickly. They didn’t just let the genie out of the bottle, they broke the damn bottle as well. Expect monetary policy to get more reckless through the decade. I’ll make the prediction, implosion by 2030 accompanied by some kind of global conflict to mask the actual reasons.
Buy intrinsically valuable things now. Avoid the rush.
The Fed broke “the system”, why is the subject of “conspiracy theory”, and it’s no longer responding to inputs as it has in the past.
This FDIC for everyone is a desperate hack into the code that will break more of the system. Making it less controllable. And so on and so forth.
The BEST case scenario is hyper inflation.
Worst case will be tightly controlled CBDC.