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78e47dfe... 2y ago

What if they don't intent to turn on the printer and will use the lack of money to take full control? Yes, they will destroy the economy but I think the past proves they have no problem doing that as long as they can keep control.

The FED will only allow liquidity to flow to your banks if the banks prevents you from (buying Bitcoin or) taking cash out.

Keep an eye on their beta test FedNow. It will be too easy for them once it's implemented. I feel like it's going to be harder than a lot of us (even in Bitcoin) expect.

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The Guy That Looked Into It 2y ago

They destroy the economy by printing. Deflating the bubble will only be beneficial for everyone in the long term. Their whole strategy is to pillage savings through inflation and easily control the impoverished population.

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78e47dfe... 2y ago

There is no long term, there is only their manipulation of money markets in which we will be on the losing end.

They don't need to inflate away your savings since you don't own any. It's been spend a 100 times over. If those speculative assets fail, your savings are gone.

The point was, IF the central bank provides liquidity to rescue your savings, they might attach some conditions to that money.

This is why I say it might come harder than everyone is expecting, everyone is betting on the central bank rescue. They don't have a rescue plan they are going to wreck the economy either way. The only choice is HOW to wreck it and how to rescue it with their CBDC.

It could be through inflation,I'm merely trying to provide an alternative vision.