Post #1237039: There is more than $22 Trillion in the U.S. banking…
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There is more than $22 Trillion in the U.S. banking system. The FDIC has $124.5 Billion on its balance sheet and a $100 Billion line of credit from the U.S. Treasury. FDIC assets cover only 1.26% of deposits. About the size of Silicon Valley Bank. One bank. Let that sink in.

There is more than $22 Trillion in the U.S. banking system. The FDIC has $124.5 Billion on its balance sheet and a $100 Billion line of credit from the U.S. Treasury. FDIC assets cover only 1.26% of deposits. About the size of Silicon Valley Bank. One bank. Let that sink in.

Mar 11, 2023 09:58 AM |
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"Bitcoin is a cult." The Dollar: Hold my beer! China Ramps Up Economic Support With Biggest Ever Cash Injection The PBOC adds a net 632 billion yuan with reverse repos. Asia will likely drive the next Bitcoin rally. USDT and XAUT growth are also worth watching.

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