Friday, 26 June 2020

Financial Regulators Modify Volcker Rule

hahah remember those safegards they made after banks failed, such as reserve requirments after 2008, they got rid of those eariler this year. Today they changed the Volcker rule which was meant to stop banks from prop trading. https://www.investopedia.com/terms/v/volcker-rule.asp

todays changes https://www.sec.gov/rules/final/2020/bhca-9.pdf

They are so desperate to pump the stock market and keep banks from failing. It either will collapse in a sever great depression manner or a hyper inflation matter. Buy more bitcoin

submitted by /u/dancingbearstonks
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