Liberty and Finance: Panic in the Bank System

In a recent interview with Liberty and Finance, financial expert Rafi Farber sounded the alarm on the state of the banking system, predicting that bank reserves may drop dramatically in the near future, potentially putting the system into a deeper crisis. Farber, who has a background in banking and finance, explained that the Federal Reserve may be able to temporarily prop up the system with various measures, but these interventions will not be sustainable in the long term. ‘This is a finite system,’ he said. One of the key factors that led Farber to his grim prediction is the massive…