The banking system is a way for the elite to use your money to build their own wealth.
Why do you think they don't teach important financial topics in school?
Because if you knew how fractional reserve banking works, the wealthy would need to pay a lot more to borrow money.
The US banking system is on the cusp of being concentrated in a handful of politically connected “too big to fail” banks. One wonders if that’s the point.
Earlier today, America's 16th largest bank, Silicon Valley Bank, collapsed.
$175 BILLION of customer funds are now at risk.
Here’s what happened (in simple English) and why you should care: