Month: December 2022

How the Fed is Increasingly Engaging in Moral Hazard, Increasing Existential Risk

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If the only way our economy can be prevented from crashing is for the central govt bank to buy assets (a.k.a. invest), when the general population and businesses are unwilling or unable to, then you can be sure that is the greatest indicator of moral hazard in the modern financial world. In addition to lowering …

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How Safe is FDIC Insurance Really? – What Most People Don’t Know

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When a bank run occurred in the Great Depression, Roosevelt simply declared a banking “holiday” which was to close banks for a time: “After a month-long run on American banks, Franklin Delano Roosevelt proclaimed a Bank Holiday, beginning March 6, 1933, that shut down the banking system. When the banks reopened on March 13, depositors …

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