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Financial Underground
financialunderground@nostrplebs.com
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We are more interested in getting the Big Picture right than gambling with short-term trades in rigged markets.
In a truly free market, banks would cease to be government-sanctioned Ponzi Schemes and revert to their historical role as independent money warehouses. Further, anyone could enter the banking business in a free market; you wouldn’t need the approval of the Federal Reserve cartel, as banks do today.
Money is simply supposed to be something useful for storing and exchanging value. Banks are simply supposed to be money warehouses. However, that is not how it works today. Governments have perverted money and banking into tools to control the population.
The notion of a free market in money is laughable. We don’t have free market money; we have communist money forced upon us with violence and threats of violence. In a truly free market for money, people would voluntarily choose whatever was most suitable for storing and exchanging value.
De-Banked: It’s Only a Matter of Time Before It Happens to You Explore the disturbing trend of de-banking, how governments and elites are using it to control narratives, and discover a revolutionary alternative to safeguard your financial freedom.
Only prudent to expect: 1. The media to ramp up its propaganda and gaslighting on inflation. 2. The government to change how it calculates inflation. 3. The Fed to raise its official inflation target from 2% to 3% or higher. 4. Publishing inflation stats other than the crooked CPI to be deemed illegal "disinformation." 5. Capital controls 6. Mandates and regulations to corral more people into Treasuries.
What will the Bitcoin supply be in 5 years? 20,361,265 What will the Ethereum supply be in 5 years? ????
I wouldn't worry too much about BlackRock trying to make an ESG Bitcoin. Even if they were foolish enough to do so, I doubt it would be more successful than Bcash. image
Any country can turn into a Venezuela—or worse—faster than most can imagine or prepare for. A second passport gives you the legal right to live and work elsewhere. It guarantees you won’t have to live like a refugee if you can get out of Dodge.
Before World War I, you didn’t need a passport to travel internationally. It was a self-evident truth that a sovereign individual could travel anywhere he wanted without asking for anyone’s permission. Unfortunately, that’s not how travel works today.
Is there a compelling publicly-traded hydrocarbon company in North America that is not government owned, not woke, and not onboard with the carbon hysteria?
I think the SEC should have been abolished yesterday, and there should be a totally free market in investments. That would be better for everyone except the insiders who benefit from the cronyism of the current system. That said, as a practical matter, nobody should be surprised that the SEC and US government go after those who flout it. If you have a centralized group of people creating a digital token, giving a bunch to themselves, marketing it to pump the price, and then dumping it on the retail market without a registration statement and disclosing who owns the token, that’s like sticking your head in a crocodile’s mouth and hoping it doesn’t bite. You would have to be pretty dim not to see the SEC would inevitably go after crypto. Anyone with their eyes open could have seen it coming from a mile away. https://financialunderground.com/articles/the-crypto-crackdown-intensifies-what-comes-next-and-what-you-need-to-do-now/
Amid the regulatory crackdown and the ongoing Shitcoin Apocalypse, remember Bitcoin is the only cryptocurrency that is unambiguously NOT a security.