J.P. Morgan Chase won the bidding among a set of large financial institutions to take over the failed First Republic Bank. As banks continue to falter and some of the bigger fish are gobbling them up, are they really trying to rescue themselves from exposure to over $247 Trillion in derivatives?
Meantime, the Federal Reserve will determine this week whether they will or not impose another rate hike amid a period of high inflation, economic danger and bank collapses. Will a raise in the Federal Interest Rate cause a period of stagflation?
Dr. Jerome Corsi delves into these issues, their ripple effects and more on The Truth Central
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