Financial Underground's avatar
Financial Underground
financialunderground@nostrplebs.com
npub1wgjh...e082
We are more interested in getting the Big Picture right than gambling with short-term trades in rigged markets.
In a matter of weeks, Saudi Arabia has: 1. Restored relations with Iran 2. Restored relations with Syria and will welcome it back to Arab League 3. Supported OPEC+ production cut 4. Announced an end to war in Yemen 5. Agreed to sell oil in other currencies
Are you concerned about CBDCs? Then you should be paying attention to what is happening in Nigeria. That’s because there’s an excellent chance your government will use the same playbook when they decide to impose CBDCs in your area—which could be soon.
How a CBDC comes to the US in 3 easy steps... #1. The Fed becomes the FDIC and insures all deposits. #2. Then, might as well have your bank account at the Fed. #3. Then, the Fed might as well issue Fedcoin or whatever they call the CBDC. That's where this trend is headed.
"Lender of last resort" translated into English means: Legalized counterfeiting of the currency to backstop a legalized Ponzi Scheme.
Sometime soon the Fed will come out and say: "Steady lads, deploying more capital."
Public Service Announcement: The banks don't have your money. And the money you think they have is fake anyways. Have a nice day.
Bitcoin is the only commodity where higher prices cannot induce more production and supply, eventually lowering prices. A supply response is not an option. That means the only way Bitcoin can respond to an increase in demand is for the price to go up.
Reject carbon accounting everywhere... Carbon credits are merely a way for governments, central bankers, and their allies to control the populace and secure continued seigniorage as the fiat currency system flounders.