Is this the fiat collapse or a nothingburger?
Discussion
My guess is they create a "fund" to protect household investors who cant read and kept over 250k in svb. They dont call it a bailout, no press conference, no mews coverage.
They then start swapping underwater tbills to feds balance sheet marked for the maturity price ans give banks new ones with cirrent interest rates.
I get poorer as this printing makes my paycheck shrink va inflation.
Thank you! Why do you believe that it’s going to be like this? 🙏🏻
Bill akman(spelling), mitt Romney (bain capital) are all shrieking on twitter that people are gonna lose their jobs if no bailout but jpow was literally just on capital hill saying he wants unemployment to rise so inflation will shrink
They have to shadow do this bailout to keep us npcs from makimg the connection that this is about american oligarchs not losing money vs us poors about to be diluted
👍🏻🫂🙏🏻
Fiat has been collapsing since at least 2008. This is just another chapter
It’s neither. Silicon Valley Bank was poorly managed and became insolvent. Its failure says little about fiat currency.
I’m a newborn when it comes to economy stuff but trying to figure this out through the Bitcoin rabbit hole. However, last night’s Badlands Media show DPH had a guest that broke down what’s going on in a pretty easy-to-digest way and painted a pretty good picture of what’s going on and what might be coming, and it’s exciting if we have the fortitude and discernment to see through the chaos. I highly recommend it. #[2] #BadlandsMedia
Plus there was a cameo by @gmoney 🙌
Thanks for sharing 🙏🏻