Markets Still Stressed Despite Fed Guarantees For Depositors (Volatility Spread In STRESSED Range)

by confoundedinterest17

Well, the banking fiasco CREATED BY THE FEDERAL RESERVE is still with us. Why? Because the FDIC guaranteed deposits above $250,000 for the first time in history, bailing out millionaires/billionaires. I call this Crony Socialism (but I repeat myself).

Congress doesn’t understand banking, only how to spend money.