A Biden Nominee has a radical proposal involving the Federal Reserve to take over bank accounts. CEO & president of Miles Franklin Andy Schectman says people must have wealth outside the financial system. Supply for precious metals is adequate at the moment, but this could change overnight, he says.
0:00 Intro
1:55 Omarova's proposal
9:20 Fed accounts
13:56 Centralized banking
20:30 Silver supply
29:28 Delays
Article mentioned: Biden’s Nominee Omarova Has a Published Plan to Move All Bank Deposits to the Fed and Let the New York Fed Short Stock
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https://wallstreetonparade.com/2021/1...
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