Bank consolidation and digital currency. We are stomping on the accelerator.
In the last few months there have been a number of places that evolved to park one’s money that pay better than banks.
Hence a significant part of the run on banks.
I’m just about done paring my bank accounts to the bone.
Long term negative real [and low nominal] interest rates combined with inflation fighting Fed interest rate increases is the core of the problem. This is not likely to end well.
The Dems are on a tear to destroy everything humanity has worked so hard on pulling itself out of the mud, now back we go.