“The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”
One of the most fascinating phenomena in financial crises is that of bank runs. That’s when panicked depositors rush to their bank to withdraw their money because they’re convinced that the bank is going broke. Everyone tries to withdraw his money before that happens....
Two big changes from the federal reserve in recent weeks – the ability to operate in complete secrecy, and reducing the reserve requirement for banks to zero. Path to Liberty: April 1, 2020 PODCAST VERSION...
