[aquila48]

And what will the banks do with all this collateral?

When that supposedly happens everyone will be broke, so who are they going to sell it to and make money?

The last thing banks want is to foreclose on a loan and be saddled with a lot of stuff that they need to sell out.

Remember the subprime mess and all the houses the banks repoed? They couldn’t wait to get rid of them, and had a hell of a time doing so even at bargain prices.

I know it’s in vogue to bash the evil Feds, but do with something that makes sense.

[exnavy]

Correct, and than there is the problem of evicting the “squaters” from the newly acquired homes. Good luck central banks.

[ProtectOurFreedom]

You can carry it further. Everybody's assets are confiscated and are owned by the elites. Will they invest their loot in productive enterprises? Then those companies would own assets. Would they then confiscate those assets? The whole economy would grind to a halt. Nobody would work.

This reminds me of nothing so much as Scrooge McDuck...

[Twotone]

This isn’t just bashing the Fed, although the Fed has certainly made some wrong-headed policies. This is the total, global banking system. In an economic collapse, SOMEONE will come out on top. We can change the outcome if we’re aware & take action. Mainly making sure our legislators & policy-makers know what’s going on.

[momincombatboots]

They would rather in generate it than allow the people to have it. Thats never the issue.
J6 showed us their fear. We The People. Self governance.

[Thilly Thailor]

Maybe the plan is to make the former owners pay rent? I’m not saying that works, but then again it doesn’t have to since the people putting these rules in place are completely delusional.