A few days ago I published this post urging everyone (and especially Americans) to do a #RunOnTheMajors and get their money out of the biggest banks in their country as it may assist in at least delaying the CBDC agenda.
Unbeknown to me, it seems like this is already underway in the US and the Fed’s own data shows that definitively!
Even with all the recent banking collapses in the US and the supposedly resulting ‘flight to safety’, the 25 Largest U.S. Commercial Banks (which obviously includes the big 4 discussed in the article above) have lost more than $465 Billion (so almost half a trillion) in deposits now compared to 12 months ago.
Deposits at the 25 Largest U.S. Commercial Banks - April 27, 2022 to April 26, 2023
Meanwhile legacy media is trying to ramp up the fear and encourage further consolidation of the US banking system with pieces such as this. Here’s a selected direct quote from this article by known mouthpiece of the US intelligence apparatus:
The first quarter’s performance of the big four was consistent with a broad consensus that the big banks have capitalized on massive depositor inflows, clearly related to the well-documented liquidity stresses facing their smaller, regionally based brethren. This should come as no surprise. The panic-fueled depositor exodus from the smaller banks to the larger “too big to fail” banks is simply a rational decision. Protection of capital rules.
The truth however has no opinions to offer, only facts and this is what the Fed’s own data shows:
Deposits at the 4,000 Small Banks in the US - April 27, 2022 to April 26, 2023
According to the above chart, the 4,000 smallest commercial banks in the US have lost 210 billion in deposits over the same period which is half of what the 25 big ones have.
You may say that this all makes sense because they are obviously much smaller than the big ones so had less in total of customer deposits to begin with and this is obviously true. The charts above clearly show that the 4,000 smallest commercial banks had about half in total deposits this time last year as the biggest 25.
But this is not the main takeaway from that. Not at all!
The main takeaway is that legacy media is lying (as usual) when they say that people in the US are moving their money from the small banks to the big ones. That is clearly not the case.
When looking at percentage terms, we can see that both the biggest 25 banks and the smallest 4000 banks have lost about 4% of deposits over the last 12 months (4.2% for the big banks versus 3.8% for the small banks).
The takeaway is that people and companies in the US are overall withdrawing their money out of the banking system and putting it elsewhere.
Something to think about, especially if you are an American still trusting the FDIC or the Federal Government to keep your money safe…
Finally, I want to leave you with this very comprehensive deep-dive Neil McCoy-Ward did of the recently unveiled ‘consultation paper’ for the rollout of the “digital pound” (i.e the UK CBDC) which outlines some very ominous characteristics of this new digital-only currency for the people of the UK.
This is obviously very relevant for anyone living in the UK or holding Pounds but I think it is also very useful for people like myself who are neither as this document outlines in great detail the “switchover” process and how the fiat version of the national currency will be converted into a CBDC.
As we all know by now, there is usually a single plan that is simply replicated around the world, especially once proven to be successful (remember the campaign to rollout the injections globally? It first started in Israel which conducted a massive and well-orchestrated cover up operation to hide any adverse events resulting from the Pfizer product).
This is very likely the first instance of the full plan to shove CBDCs down our collective throat being out in the open publicly so I think we should all pay close attention.
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#RunOnTheMajors is already underway...
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A few days ago I published this post urging everyone (and especially Americans) to do a #RunOnTheMajors and get their money out of the biggest banks in their country as it may assist in at least delaying the CBDC agenda.
CBDCs are coming. Time to ACT!
Another week, another major bank collapse in the US. As I predicted, First Republic Bank is no more and has been taken over by JPMorgan Chase with the FDIC (i.e the US taxpayer) essentially providing all the cash. Or to put it more bluntly: JPMorgan Chase has just gobbled up another one of their competitors using
Unbeknown to me, it seems like this is already underway in the US and the Fed’s own data shows that definitively!
Even with all the recent banking collapses in the US and the supposedly resulting ‘flight to safety’, the 25 Largest U.S. Commercial Banks (which obviously includes the big 4 discussed in the article above) have lost more than $465 Billion (so almost half a trillion) in deposits now compared to 12 months ago.
Meanwhile legacy media is trying to ramp up the fear and encourage further consolidation of the US banking system with pieces such as this. Here’s a selected direct quote from this article by known mouthpiece of the US intelligence apparatus:
The truth however has no opinions to offer, only facts and this is what the Fed’s own data shows:
According to the above chart, the 4,000 smallest commercial banks in the US have lost 210 billion in deposits over the same period which is half of what the 25 big ones have.
You may say that this all makes sense because they are obviously much smaller than the big ones so had less in total of customer deposits to begin with and this is obviously true. The charts above clearly show that the 4,000 smallest commercial banks had about half in total deposits this time last year as the biggest 25.
But this is not the main takeaway from that. Not at all!
The main takeaway is that legacy media is lying (as usual) when they say that people in the US are moving their money from the small banks to the big ones. That is clearly not the case.
When looking at percentage terms, we can see that both the biggest 25 banks and the smallest 4000 banks have lost about 4% of deposits over the last 12 months (4.2% for the big banks versus 3.8% for the small banks).
The takeaway is that people and companies in the US are overall withdrawing their money out of the banking system and putting it elsewhere.
Something to think about, especially if you are an American still trusting the FDIC or the Federal Government to keep your money safe…
Finally, I want to leave you with this very comprehensive deep-dive Neil McCoy-Ward did of the recently unveiled ‘consultation paper’ for the rollout of the “digital pound” (i.e the UK CBDC) which outlines some very ominous characteristics of this new digital-only currency for the people of the UK.
This is obviously very relevant for anyone living in the UK or holding Pounds but I think it is also very useful for people like myself who are neither as this document outlines in great detail the “switchover” process and how the fiat version of the national currency will be converted into a CBDC.
As we all know by now, there is usually a single plan that is simply replicated around the world, especially once proven to be successful (remember the campaign to rollout the injections globally? It first started in Israel which conducted a massive and well-orchestrated cover up operation to hide any adverse events resulting from the Pfizer product).
This is very likely the first instance of the full plan to shove CBDCs down our collective throat being out in the open publicly so I think we should all pay close attention.
Know thy enemy…