Subnostr

In hindsight Do Kwon was doing us all a favour in setting up the biggest advertisement for why bitcoin, no bail-out for banks!

Steady lads!

https://void.cat/d/WAWUgzy7TEnppmFj3P2a7K.webp

If the fed doesn't pivot or set up an SPV to bail out these clowns, I am sure there will be massive to "save the system" before it bleeds over, into other banks.

Will Jerome give in or will he let another domino fall before he gives into the cries of the Silicon Valley bros and Macro Dads whose only job was to read the fed tea leaves and couldn't even get that right.

I say let nature take its course, but what do you say?

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Discussion

Fat_₿ank$t€r 2y ago

They start printing when it comes too close to Wallstreet.

TheBitcoinManual 2y ago

Will be major egg on the feds faces because they were still talking about continuing to fight inflation and raise rates. If the bailout, SPV or merger doesn't come out tonight and they have to pivot, I wonder if they're going to throw Powell under the bus and ask him to resign

They'll need a scape goat

Fat_₿ank$t€r 2y ago

In Europa Lagarde has raised interest rates while keeping the printing press running in all sorts of letter soup programs to sponsor every woke and green deal government or corporation.

While everyday citizen or small business has rising costs and struggle to come by.

That's how they'll bail out all their cronies.

Bitcoinmasteroid ☄️ 2y ago

Bank 🏦 sters

TheBitcoinManual 2y ago

Can you send me some links to read? I've only seen the ECB anti-fragmentation program, haven't really paid much attention to it since then, but what you're saying makes sense

Fat_₿ank$t€r 2y ago

It's called Transmission Protection Instrument.

Zerohedge had a good article.

https://www.zerohedge.com/markets/euro-tumbles-spreads-blow-out-market-realizes-ecbs-tpi-just-another-useless-word-salad

Fat_₿ank$t€r 2y ago

Tom Luongo is also usually spot on.

https://tomluongo.me/2022/07/21/ecb-raising-rates-is-europes-last-chance-to-avoid-ground-zero/

Fat_₿ank$t€r 2y ago

The UN Sustainable development goals are also a covert operation to counter the inevitable financial meltdown we know and they know that's coming.

https://unlimitedhangout.com/2022/09/investigative-reports/sustainable-debt-slavery/

TheBitcoinManual 2y ago

Thanks so much for the sources, I always enjoy Whitney and Toms content ill give them a look over in a bit