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Eric βœοΈπŸ‡»πŸ‡¦πŸ‡¨πŸ‡¦πŸ‡΅πŸ‡Ή
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πŸ‡»πŸ‡¦πŸ‡¨πŸ‡¦πŸ‡΅πŸ‡Ή Nostr since 02/23 xmrchat.com/eric #Ontario #Canada

Pretty much all of them. They will all bend a knee to Gov. You need to a small credit union if you want to avoid the big banks.

Or Bull Bitcoin - can pay off a credit card, bills, even receive pay via direct deposit all within BullBitcoin.

How do we get Tucker feed on Nostr? Is there a bot or something?

#askNostr

Is it wrong if I stream IPTV to nostr streaming? Sound of freedom? Bloomberg TV? mission Impossible?

Banks are hesitant to extend credit due to inverted yield curve and recessionary pressures.

Total bank credit is lower than last year.

Deposits decline, forcing banks to replace low-cost funding with higher-cost borrowings.

Banks shed securities and reduce loan originations, particularly in business and real estate.

If trend continues, banks will contract loan portfolios, impacting the economy. Challenges for banks to grow and extend credit due to declining deposits and unprofitable interest rate environment.

Banks create money. few loans means deflationary, No loans means deflation.

#BankingCrisis #CreditContraction #EconomicImpact

Hoping #bitcoin can close the daily above 31,500. 5 min left.

Core CPI Services Ex-Shelter

3-month annualized rates:

Jan 2023: 4.1%

Feb 2023: 5.1%

Mar 2023: 5.2%

Apr 2023: 4.1%

May 2023: 3.0%

Jun 2023: 1.4% (!!!)

sticky?

Sticky is the new transitory.