Bank Trouble Ahead as Capital Requirements to Tighten Significantly

July 31, 2023

Why does a guy who looks like the cigarette smoking man from The X Files, radically altering bank regulations? Why is silver getting smashed today? It's probably Japan's fault.

Money supply is surprisingly down - again - for June despite reverse repos pouring into the banking system, a surprising development possibly related to the tightening of banking regulations by the X Files guy. And did you know that only about 12% of consumer debt is subject to rising interest rates? That means the pressure of rising rates is hitting banks almost exclusively.

To find out more, click to watch the video now!

Arcadia Economics

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