In this episode you’ll learn the history of the FDIC, the Federal Deposit Insurance Corporation. Listen to this special report on the banking system, bank failures and the socialization of the monetary system, and how this might affect your stewardship.

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Show Notes

1:55 FDIC Press Release March 12th, 2023
6:15 FDIC Press Release March 13th, 2023
9:20 Fractional Reserve Banking
12:15 To big to fail?
14:34 History of the FDIC, Franklin D. Roosevelt 1933
24:48 Correlation to today
26:00 Assistance for the banks, borrowing and currency creation
30:31 Confidence of the people in the system

Links:
https://www.washingtonpost.com/business/2023/03/17/first-republic-svb-bank-failures/
https://www.fdic.gov/news/press-releases/2023/pr23017.html
https://www.fdic.gov/news/press-releases/2023/pr23019.html
https://www.fdic.gov/about/
https://www.fdic.gov/about/what-we-do/
https://www.fdic.gov/about/history/index.html
https://www.fdic.gov/about/history/3-12-33transcript.html
https://www.fdic.gov/about/history/fdr_fireside_chat_banking_situation_03-12-33.mp3
https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/

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