Yellen says Treasury is ready to take ‘additional actions if warranted’ to stabilize banks.
From Greg M
DESPERATE…
Yellen keeps talking about “additional action” to stabilize banks… what she (it) means MASSIVE capital injections into a zombie system…
In my opinion no amount of cash injected into the system can save it… To me this looks like a bridge to consolidate power, prop up the system just long enough for the banks to consolidate.
GM
Everything they can do to stop a panic. Moved most of money to CU already (under $250k). Pulling out cash, and taking inventory of food stockpiles. Filling gaps. Bumpy seas ahead.
Hyperinflation here we come!