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The Backstory
The Backstory brings you in-depth reporting, updates on the latest headlines and great guests in a high energy show that's both informative and entertaining. The rest of the media brings you the narrative and the spin. Join Rachel Blevins and get the truth behind the headlines with The Backstory.

"The Banking System is Safe", President Biden Claims

"The Banking System is Safe" - President Biden
On today’s episode of The Backstory, host Lee Stranahan discussed current events including President Biden reassuring America "the banking system is safe", and Russia agreeing to extend the Ukraine grain deal.
Larry Johnson – Writer and Former CIA Analyst | Color Revolutions, China's Foreign Policy, and The COVID-19 Narrative

Mark Frost - Economist, Professor, Consultant, and Libertarian | Smaller Banks, Run on the Banks, and Interest Rates

In the first hour, Lee spoke with Larry Johnson about Iran- Saudi Arabia relations, Dr. Fauci, and unrest in Georgia. Larry Commented on Dr.Fauci's lies about the gain of function research and a secret version of Twitter. Larry discussed the riots in Georgia and who might be financing the unrest in Georgia.

In the second hour, Lee spoke with Mark Frost about moral hazards, market forces, and bank bailouts. Mark explained the role of the Federal Reserve and the expectation that the Fed will choose to fight inflation. Mark spoke about the probability of smaller banks collapsing and more confusion in the financial market.
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