Bank failures are due to inflation. And Treasury Secretary Janet Yellen testified before the Senate Finance Committee on Biden's 2024 budget proposal. The bankruptcy of the Silicon Valley bank worried her, and a senior member of the Senate Treasury Committee, Mike Crapo, persuaded Janet Yellen to admit that Biden's inflationary crisis had caused interest rates to rise rapidly, which then led to a banking crisis.
Central Banks are increasing the gold reserves due to increasing global financial crisis concerns, billionaires like Ray Dalio to giant fund management companies like Goldman Sachs turning to physical assets like gold.
This is a quote from the book: How to Beat Bidenflation & The Banking Crisis, the chapter called: Bank Failures Due to Inflation, and Is It Time to Protect Your Money & Your Freedom? Read the book now...
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