Marty's Ƀent
Issue #1337: Fed Speak narrative violation
"Fed speak" is something that is taken very seriously.
"Fed speak" is something that is taken very seriously.
This comment from the Bank of England may seem like an overt acknowledgement that a central bank has complete control over your purchasing power, because it is.
Bitcoin is a forcing function for accountability.
Do not bend the knee. Ridicule the Maoists and do it with pride.
The United States federal government may be a lost cause, but many of us Americans have a lot left to give in terms of innovation, productivity and prosperity.
The idea that treasuries are "risk-free" stems from the brain dead Keynesian theory that debt is just "money we owe ourselves".
In the midst of all of the bank failures and the ensuing chaotic scramble by governments and central banks bitcoin has performed like a true risk-off asset.
"Fed speak" is something that is taken very seriously.
This comment from the Bank of England may seem like an overt acknowledgement that a central bank has complete control over your purchasing power, because it is.
Bitcoin is a forcing function for accountability.
Do not bend the knee. Ridicule the Maoists and do it with pride.
The United States federal government may be a lost cause, but many of us Americans have a lot left to give in terms of innovation, productivity and prosperity.
The idea that treasuries are "risk-free" stems from the brain dead Keynesian theory that debt is just "money we owe ourselves".
In the midst of all of the bank failures and the ensuing chaotic scramble by governments and central banks bitcoin has performed like a true risk-off asset.
Essentially, the Fed's chaotic policy bakes in sudden cascading sells into the balance sheets of the banks.
It's much worse than they're leading on and it's happening across the world right now.
As Peruvian Bull highlights in his series, there is no way of solving this debt problem.
The bitcoin network has provided the world with a closed loop payments and settlement network that can do what Mastercard does in a peer-to-peer fashion.
It's time to begin pushing back against the ghouls at FATF. They should not be able to restrict financial freedom while consolidating power among those who are the biggest facilitators of financial crimes.
