Bill Holter: "Save the Dollar or the Financial Banking System, We Can't Do Both!" 🏦💸
"When people deposit their money in the Bank they mistakenly think it's still their money and the Bank is holding for them. But that's false. They are lending Money to the Bank. It's 'legally' the Bank's money now!" - Bill Holter
Precious metals expert and financial writer Bill Holter said last summer that the Fed rate increases would tank the economy. The collapse of SVB (Silicon Valley Bank) is the latest sign the Fed is breaking the financial system. Will it continue to raise interest rates as Fed Head Jay Powell said this past week? Holter says that is the biggest question out there because it comes down to picking what you want to save. It’s the U.S. dollar or the financial system. Holter explains, “They can save one thing or the other. They can save the financial system, or they can save the dollar. If they save the dollar, they will have to raise rates, and they will have to keep tightening. To save the financial system, they will have to loosen. They have tightened so hard and so fast over the last year they have raised rates and tightened faster than anytime before. This is in the face of the biggest over-levered situation in history no matter how you look at it. . . . They can only do one or the other, and they already look like fools. The world is already laughing at the United States. Think of what Russia and China think when we are walking out some army general wearing a skirt. We are getting to the end game.”
Holter, who is also a precious metals broker from Miles Franklin, says the bankruptcy of SVB is just the tip of the default iceberg. Holter says, “The problem is a global bankruptcy. In order to avoid the bankruptcy, you don’t go from bank A to bank B or some sovereign treasury. You don’t go to paper because paper can bankrupt. It’s going to dawn on people all of a sudden that gold and silver are the safe havens. That’s going to create a ‘failure to deliver’ event, and when you get failure to deliver, all confidence is gone. This is all about confidence. Failure to deliver is coming soon because you are talking about big, big money, and there is not big, big supply. . . . My phone has been blowing up all weekend. People are wanting wiring instructions so they can wire money Monday morning. . . .This failure to deliver event is right in front of us.”
You might think everything will be safe in the bank because of FDIC deposit insurance. That is not totally true because the government basically turned depositors into creditors in 2012. Holter says, “In 2012 or 2013, the FDIC amended their rules and said there would no longer be bailouts, but bail-ins. People don’t understand that when there is a bail-in and a bank goes down, it takes all or part of the money they are holding on your behalf to make themselves solvent. It is no surprise that Janet Yellen (Treasury Secretary) is saying there are not going to be bailouts because it’s been official policy for ten years or more. . . .There are cockroaches everywhere. The whole system is rotten to the core. The whole system is over-levered. The whole system is fraudulent. The entire system is a Ponzi scheme . . . . The government of the reserve currency of the world has to borrow a trillion dollars a year to stay solvent. That’s ridiculous.”
Holter thinks big inflation is coming when the Fed has to cut rates to save the system. He says, “The government will inflate or die.”
🦁 www.MAGAlionHAT.com 🦁
-------------------------------------------------------------------------------------------------------
Enjoy the content I provide? Please help support this renegade channel with PayPal! 💰
PayPal: MAGAlionHAT@Gmail.com
Or, if you like you can Buy Me A Coffee: https://www.buymeacoffee.com/MAGAlionHAT
Crypto wallet addresses below. If you have a type of Crypto you wish to donate that I don't have a wallet for, email me and I will create one! 🤑
It keeps me afloat while I'm working to produce informative and entertaining videos while finding and providing gems from other creators for you to enjoy! 🤗
Any donation would be GREATLY appreciated! Thank you and God Bless! 🙏
₿itcoin (BTC):
bc1q63xshh2c2u4tvc6jksl5crlhtp554qu0l4nn8j
₿itcoin Cash (BCH):
qqms8t79e6rk5z5djad360d38y9kkqnh7yfpxkkuy5
₿itcoin SV (BSV):
1F6oH8qkMjswViJSwq965gRivE3DqKuJKC
Litecoin (LTC):
LgxrUdjUxnmFGLtsAbh76C3aAm3dXAGDFV
Dogecoin (DOGE):
DGn5bkC9WM1E2oM79HWiYoVxE3rHuEGkoS
Ethereum Classic (ETC):
0xC03AEe5333D50a20810e1A7585D9BB3f77E0B773
Ethereum (ETH):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Shiba Inu (SHIB):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Chainlink (LINK):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Polygon (MATIC):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Ripple (XRP):
rwvGofsMZQMyqro9YPe7swpo6C6Kagpg2e
VeChain (VET):
0x6410f2e05fEF8169bd1A6935884B9D4D56D9017b
-
40:33
Alexis Wilkins
1 day agoBetween the Headlines with Alexis Wilkins: Eric Adams, Tariffs, Nathan Wade MISSING & more
46.7K11 -
1:16:08
Steve-O's Wild Ride! Podcast
2 days ago $2.11 earnedBrandon Novak and Steve-O Avoid Discussion Of Sobriety - Wildride #234
48.9K12 -
4:15:30
GamerGril
13 hours agoWHORDE MASTER RETURNS | DAYS GONE
41.8K8 -
LIVE
Right Side Broadcasting Network
3 days agoLIVE REPLAY: President Trump Delivers Remarks in Prairie du Chien, WI - 9/28/24
4,362 watching -
2:59:48
Jewels Jones Live ®
1 day ago“TARGETING TRUMP’S LIFE” | A Political Rendezvous - Ep. 93
110K33 -
21:20
MYLUNCHBREAK CHANNEL PAGE
16 hours agoThe Palace in Dallas?
93.9K44 -
59:56
Trumpet Daily
1 day ago $13.48 earnedSwooning for Kamala Didn’t Work - Trumpet Daily | Sept. 27, 2024
81.4K46 -
1:05:58
Tate Speech by Andrew Tate
16 hours agoPETER PAN PEANUT BUTTER ALERT | EPISODE 11
191K115 -
26:51
Michael Franzese
1 day agoThe Moment That Changed My Life Forever...
109K32 -
3:48:28
The Big Mig™
1 day agoRage Against The War Machine Live in Washington DC
87.4K20