This is their plan to ELIMINATE cash
President Biden spoke on Monday about the two major U.S. bank failures saying that Americans can be assured that their money is safe. For some anyway. Small banks seem to be bearing the brunt of this. The fallout from this was tumultuous with U.S. stocks taking a dive on Monday. Some lawmakers called this market failure a “Twitter-fueled bank run” and discussed social media censorship to curb it. Journalist Michael Shellenberger reported that Arizona Senator Mark Kelly called for social media censorship to prevent a run on the banks. Representative Lauren Boebert said that Biden Under Secretary of the Treasury Nellie Liang asked about reaching out to Twitter and Facebook to “monitor misinformation and ‘bad actors.’”
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