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Mark Campbell
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Comments by "Mark Campbell" (@markcampbell7577) on "Meet the Press NOW — March 14" video.
The banks are having the same problem as 2008. The calculated need for operations cash was not matching the withdrawal from branches. The capital is calculated based on inflation rate and the withdrawals are the reality of the economy. The imbalance was becoming dire but they did not adjust their borrowing to match reality instead of calculations..
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The rising inflation rate at the federal reserve was significantly less than the reality of the economy at the branches. Can you have operation capital without reservation for an economy in higher inflation rate than anyone in management would recognize. This same discrepancy was the Bank closures in 2008 The common CPI surveys are notoriously not accurate measure of inflation rate but are still used to underestimate the inflation rate..
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We know the 3 5 rule was effective assault rifle ban and was allowed to lapse without reason or notice to the American people. The NRA accepted the 3 5 rule and it was effective for 30 years.
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Inflation rate contradiction again.. CPI surveys are not accurate measure of inflation rate and this is the fundamental flaw in the economy that Alan Greenspan warned Congress about but was never clarified and understood in Congress or public media..
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Wages linked to local housing cost at 4 times the rent for one bedroom apartment local commute would force employers to pay wages equal to the local cost of living. They would not be allowed to pay homeless wage or transient wages or child labor wages. The normal vaccine wage under the minimum wage act.
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