According to YouTube viewer Joe Blow, the Federal Reserve lost its banking license on September 14, 2018.
“I was watching YouTube, and all of a sudden this Scottish guy started saying the Federal Reserve was DONE. No more license to create or even touch money!”
Joe Blow immediately went out and converted all his money to beer, after taking out his life savings of $43.52.
“I wonder what all those bankers are going to do now. Maybe they can get jobs building prisons to hold all the bankers that committed felonies,” he quipped.
My local bank refused to comment on the situation when I visited them. They were still pretending that the money they were playing with was real.