Marty’s Bent - There is blood in the water
“As the US and Europe scramble to put out fires throughout their banking systems and continue to make themselves the laughingstock of the world by focusing on things like climate hysteria and pronouns, other super powers are moving rather quickly to shift the balance of power in their direction. There is blood in the water and the sharks have picked up the scent. The clown world formerly known as Western civilization is slowly but surely having the tables turned on itself as those who were considered pariahs not too long ago are teaming up to detach from the influence of the US and its European allies and begin working together.
proof of clown world”
Well said #[0]
https://tftc.io/martys-bent/issue-133/?ref=martys-bent-newsletter
Smith
smith@primal.net
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Bitcoin + Open Source Software + Privacy = Freedom. Stay humble and stack sats🤙
What Zipline are doing in Rwanda delivering medical supplies with drones is amazing.
QE5 started last week with another bailout for failed banks. This article from #[0] explains how this money printing works. Wow, the current finical system is so fragile and it’s doomed to failure!


Lyn Alden
Banks, QE, and Money-Printing
Published November 2020 Lately, it has become fashionable to debate what is, or is not, “money-printing” by central banks. This debate ...
Damus image upload works great


Only invest in fiat what you can afford to loose
Banks are failing but stop believing your deceiving eyes!
"The U.S. banking system remains resilient and on a solid foundation, in large part due to reforms that were made after the financial crisis that ensured better safeguards for the banking industry"
https://home.treasury.gov/news/press-releases/jy1337
With bank failures and stock markets down it’s great to see Bitcoin pumping:-) It would be great if it was people realising the error of their ways and moving capital out of banks into Bitcoin but people are still in denial and have no idea what's coming, it's not going to be good! In the words of #[0] Mandibles!


Could be an interesting few weeks as more contagion hits. I do hope this will be the point where people realise that banks can't be trusted. They have been gambling with customers money, just like FTX did!
https://www.coindesk.com/business/2023/03/11/circle-confirms-33b-of-usdcs-cash-reserves-stuck-at-failed-silicon-valley-bank/
How the Fed went broke, great article by #[0]
It's amazing what you can get away with when you make the rules. The current financial system truly shocking and the more you learn about it the more unbelievable it gets. This is a must read.


Lyn Alden
How the Fed "Went Broke"
For the first time in modern history, the Fed is operating at a loss. This article explores what that means for savers and investors.