Unveiling the Banking Crisis: The Bank Term Funding Program Exposed

Ken hosted the Real Estate Guys on one of this latest Happy Hours. Together, they break down the emergency funding tactics banks are using to stay afloat, revealing a crisis that's been unfolding under the radar. From record amounts to the looming pay-the-piper moment, the trio explore the implications for the future.
Download Ken's Official App on IOS and Android and join other like-minded real estate entrepreneurs in the Inner Circle Forum. Official APP Desktop Platform: kenmcelroy.mn....
Ken has a real estate strategies podcast! Follow your favorite platform each week.
Apple Podcasts: apple.co/3jDqftx
Spotify: spoti.fi/31GUDwW
Follow Ken on Twitter at: / kenmcelroy
• • •
Be sure to click the bell to be notified as soon as the next informational video is posted!
Visit Ken's Bookstore: kenmcelroy.com...
•
ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
Ken's company: mccompanies.com/
•
DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind.
Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’
Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel.
Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites.
All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates.
2023 KenMcElroy.com, LLC. All Rights Reserved.
#kenmcelroy #realestate #realestateinvesting

[@davidrpriest]

One Year Term? " There is nothing more permanent than a temporary government program. " - Ronald Reagan This program is basically a shadow bailout.

[@DanKohan]

Isn't it interesting how banks are changing? I mean, who really goes into a bank these days? It's all about the ATM life!

[@b4804514]

Just like Malls and auto dealers, banks are not keeping up with technology and what is really needed in this day and age.

[@MgtowRubicon]

When you don't trust the banks to hold your cash, because they waste it on buying government bonds at an insanely low yield, where do you put your cash? You put it in government bonds, just like what happened in Europe during the 2008 GFC, because you can afford to Hold to Maturity. Banks cannot Hold to Maturity, because they must immediately redeem depositors' withdrawals. The banks must use the Bank Term Funding Program (BTFP), which just another name Quantitative Easing (QE), which is another name for currency counterfeiting.

[@CliveBirse]

The ongoing banking crisis is far from reaching a resolution. Those with more than a decade of experience understand that credit crises do not dissipate within a mere two weeks. It's amusing to witness some people believing that everything has already concluded so swiftly. We are currently witnessing a credit contraction that will inevitably result in a substantial overall contraction.

[@91ScottieP]

The bank crisis isn't over yet, and experienced individuals know credit crises don't end quickly. Some find it amusing that some think it's resolved, but in reality, we're headed for a major economic downturn due to this credit contraction.

[@mariaguerrero08]

After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks. Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement.

[@ThomasChai05]

I diversified my 62K portfolio across multiple market with the aid of same Investment-Adviser & I have been able to generate over 356k in net profit across high dividend yield stocks, ETF and bonds in few months.

[@mikegarvey17]

@@ThomasChai05Mind if I ask you to recommend this particular coach you using their service?

[@ThomasChai05]

*Gertrude Margaret Quinto* maintains an online presence. Just make a simple search for her name online.

[@FlipHackingRealEstate]

I would encourage everyone to research ripple labs. Big changes happening with banking. This video is awesome! Thanks for the summary and takes Ken and great reminder to stay alert and open-minded 🙏

[@InOrlando]

That is very true. The banking system basically shot itself in the foot.

[@warriorclassmedia]

So where do we store our money if we no longer need banks?? I'm seriously asking?

[@GinoYouTube]

That’s the 1 million dollar question

[@MRW515]

I think this is all manufactured and CBDC will come in soon and there will be no need for retail banks

[@russandrews3078]

Thank you!!

[@hassanmuhammadjajere6635]

One term is great but I prefer some amendments before going ahead with your policy. Thanks for enlightening us.

[@Eltonmesa]

Ken I’m trying to buy your 4 books on Amazon, but I can’t, Can you help me with that ?