Ben Bernanke’s Hush Money | WHAT REALLY HAPPENED


Ben Bernanke’s Hush Money

The $4 billion that the FDIC will pay to a handful of depositors at IndyMac is hush money. It is paid to them to silence every other depositor in the country. "Don’t spread rumors about any insolvent bank." Why not? "Because, in a fractionally reserved system, all of them are technically insolvent." They are all borrowed short and lent long.

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