I get annoyed by cliches and sayings; I find MOST to be stupid and irrelevant and just plain wrong.
I like to have thought exercises to break them down.
One of these I'm thinking about right now is: "there's no time like the present."
That's not true.
The past determines our present, and we're always reaching for the future.
The past and the future are all that matter.
The present doesn't really exist.
For you financial wizards, the present is always INSIDE the ichimoku cloud.
"In a hundred years, when I finally die, I hope to go to hell. Just so I can kill you all over again."
"Horrors," said Elphaba.
It was her first word, and it was greeted with silence. Even the moon, the lambent bowl among the trees, seemed to pause.
"Horrors?" Elphaba said again, looking around. Though her mouth was serious, her eyes glowed; she had realized her own accomplishment. She was nearly two years old. The big sharp teeth in her mouth could not keep her words locked inside anymore.
"Horrors," she tried in a whisper. "Horrors."
"Everybody’s on your side until they need something from you."
"One never learns how the witch became wicked, or whether that was the right choice for her—is it ever the right choice? Does the devil ever struggle to be good again, or if so is he not a devil?"
"And of the Witch? In the life of a Witch, there is no after, in the ever after of a Witch, there is no happily; in the story of a Witch, there is no afterword."
And he can't lose us as the main attraction to his app
Chew has no other choice but divestment. He needs the US audience; all others are lame ... we're actively exporting our culture which is in more demand than the rest, Japan a close second maybe... but the point is: congress is serious about the ban.
The market for the most part sees this, and they've all moved in place in anticipation of the fed move.
If he wants to send the market scrambling again, then he will do anything but that
If he wants more stability of the markets, he'll do exactly that.
I don't think the banks would want another scramble and so they'll work together to minimize "beta" and so they'll all fall in line and do what's expected: 0.25 tomorrow, 100%
I know it sounds conspiratorial, but:
What's happening is an intentional shaking of this banking system. A stress test. To let go of weak hands that are not in line! To see if it's ok to go up a little bit more with the rate. Which he for sure will. Markets already know this and are moving ahead of with that expectation in mind.
Admitting to weakness is just as bad and will not change the bank runs incoming
gg
Bailouts ...
The message is clear: we will protect fiat, but not crypto (ftx, etc)
... just one very important point to make though:
BTC does NOT need protection
gg
Haha "the fdic limit is now infinity"
Who are we intentionally and unintentionally rewarding?