Quote Originally Posted by Sanlmar View Post
Quote Originally Posted by Daly View Post
A non bank with access to the window.

Well these are allegedly highly regulated entities here that went titis up. Can you imagine a Enron situation with this sort of access? Don't think we get there but its fair to start asking whats the difference between bank/nonbank.

Oh no no no. The Fed Window is not at all what I’m talking about.

I’m talking about Central banks providing retail bank accounts to the general public - perhaps you can imagine eliminating the private banking entirely to more clearly picture what I’m alluding to

I think that clarifies my thoughts. We are discussing the endgame here.

Allegedly, fiat and CBDC will exist concurrently (at least for a while) filthy fiat is unwieldy and requires private banking necessarily. But you feel me.

This series of failures and the unusual response is a first step toward National conversation and a CBDC catalyst
Because then the Fed Reserve banks would have that would

1) take away a major source of potential business from the FOR-PROFIT banks, and
2) require the Fed banks to figure out where to invest the moneys from all those additional deposits, which would again result in more government agency-funded competition for for-profit banks. And that is that last thing both conservatives and corporate Democrats would want. Hell! Are you a socialist or something??!