Transcribed

First Republic Fallout; Fed Ponders Rate Hikes; Stagflation Around the Bend

May 1, 2023 · 33m 50s
First Republic Fallout; Fed Ponders Rate Hikes; Stagflation Around the Bend
Description

J.P. Morgan Chase won the bidding among a set of large financial institutions to take over the failed First Republic Bank. As banks continue to falter and some of the...

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J.P. Morgan Chase won the bidding among a set of large financial institutions to take over the failed First Republic Bank. As banks continue to falter and some of the bigger fish are gobbling them up, are they really trying to rescue themselves from exposure to over $247 Trillion in derivatives?
Meantime, the Federal Reserve will determine this week whether they will or not impose another rate hike amid a period of high inflation, economic danger and bank collapses. Will a raise in the Federal Interest Rate cause a period of stagflation?

Dr. Jerome Corsi delves into these issues, their ripple effects and more on The Truth Central

Visit Dr. Corsi's The Truth Central website: https://www.TheTruthCentral.com'Follow Dr. Corsi on Twitter: @corsijerome1

MyVitalC: https://www.thetruthcentral.com/myvitalc-ess60-in-organic-olive-oil/Swiss America: https://www.swissamerica.com/offer/CorsiRMP.php
Pro Rapid Review: https://prorrt.com/thetruthcentralmembers/el
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Author Dr. Jerome Corsi
Organization JeromeCorsi
Website -
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