133332
_@133332.xyz
npub1rhr4...7j9y
nothing sweet about me
Mood
If you still think these people know what they're doing - you are beyond help.
If we know that we have finite amount of natural resources.
We know that there's an infinite amount of cash at the Federal Reserve, ready to be cirtucated into the economy.
And we also know that any number divided by infinity is equal to zero.
Than, what can we expect the purchasing power of the dollar to be?
Christine Lagarde, the president of the European Central Bank, being interviewed on a Dutch TV show.
They're talking about the ECB balance sheet.
Interviewer:
How do you get it back [down]?
Christine:
It will come, it will come. In due course.
Interviewer:
How? How?
Christine:
In due course it will come.
Fiat purchasing power getting destroyed
The United States can pay any debt it has, because we can always print money to do that. So, there is zero probability of default.
Alan Greenspan
Federal Reserve Chairman (1987 - 2006)
Great moves #[0]
Fuck your puts, fuck your calls.
JPow will have you by the balls.
It's just like the law of attraction.
If you think about it hard enough, it manifests itself into existence.
"Why do central banks aim for 2% inflation?" you might ask.
Well, just because.
On the road again 🎵🎶
WWJD
What will Jay do?
How do banks create money?
"We simply use the computer to mark up the size of the account."
Ben Bernanke
Federal Reaerve Chairman (2006 - 2014)
I have a deep distaste for central banks.
Banks in general.
The whole financial system, actually.