Louisiana Senator vergleicht moderne Banken mit "sophisticated Ponzi Schemes" – Wirtschafts-Nachrichten zu Bitcoin

Louisiana Senator John Kennedy has called for the US Federal Reserve to increase the federal funds rate to 8-10% to address the country's inflationary pressures. In an interview with CNBC, Kennedy stated that Federal Reserve chairman Jerome Powell will have to raise rates much higher than usual if Congress does not slow down its stimulus spending. The current benchmark bank rate stands at 5%. Kennedy also criticized modern financial institutions, calling them “sophisticated Ponzi schemes” due to their reliance on trust and vulnerability to market panic. These comments come on the heels of Kennedy's criticism of the Biden administration's bailout of Silicon Valley Bank and Signature Bank in March, which Kennedy claimed was an unfair bail-out of all depositors. Kennedy has also called for P...

Quelle: Louisiana Senator vergleicht moderne Banken mit "sophisticated Ponzi Schemes" – Wirtschafts-Nachrichten zu Bitcoin - Kryptonews aktuell

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