No direct quotes come to mind. There are definitely some parallels, with the key difference being that the government can always issue more debt. So instead of a direct default they can have a "soft" default through hyperinflation and the collapse of the money.

A central bank that starts to become the sole buyer of its government’s debt quickly reaches the same fate as FTX/FTT and Terra/UST. Stack accordingly.

1954

Lmfao. Exactly. Now. Go read up on mark to market accounting and what that meant for '08

Still seeing these.

Mate we can talk about anything and no-one can stop us, and yet, this is the nicest place I’ve ever been online!

Except don’t say the moon landing was a hoax, some are super touchy on that one 😂

Quiz for today ⚡️

Facing north, which picture is the sunrise and which is the sunset?

Taken approx 12 hours apart

In the 19th century, it was considered a crime to commit suicide in Great Britain. If caught, the person was punished by hanging.

NEW: 🇺🇸 The Federal Reserve had a record loss $114.3 billion in 2023 - Reuters

They have infinite dollars.

We have #Bitcoin

Each of us has our motivations and reasons why we are firmly resolved to fix the money—and communications, in the case of nostr. For me, I need only look at my son. I will not allow him to be stolen from and manipulated as we have been.

We will win because we must.

LOL I dumped all my XMR last week, and sold some silver today.

I feel sorry for all the #monero maxis dumbfucks. Their #XMR shitcoin is losing in every metric imaginable. It has the exact same fiat price it had 7 years ago, and it continues to drop marketcap rankings, is now at number 54 among all shitcoins, surpassed even by memecoins that were launched only three months ago. Have fun staying poor.

𝗧𝗛𝗘𝗥𝗘 𝗜𝗦 𝗡𝗢 𝗦𝗘𝗖𝗢𝗡𝗗 𝗕𝗘𝗦𝗧

First thing to comes to mind only:

What is the largest form of theft in the US?

What is this?

What value is there to a plague held by some no-name, unknown anonymous guy with redshirt? 🤣