Markets Still Stressed Despite Fed Guarantees For Depositors (Volatility Spread In STRESSED Range) – Confounded Interest – Anthony B. Sanders

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.