I ran my bank and never looked back lol #Bitcoin

Right before the BTFP is supposed to expire..

Is your bank running Marty? You better go catch it 🏦 🏃

THE BANK RUNS CONTINUE

They need to come up with a new acronym of what will they call money printing now

Bank failure is the nickname of my aborted first child.

Like with all crisis, banking officials will lie and fool the masses until the last minute, that is their job. Proof in video below with FDIC board openly weighing inevitable bail-ins against bank runs. It's strange they would allow this to be recorded, but even if fake, the signs are there.

Surprise surprise!

Good morning! Cockadoodledoo (TX time). Good article. The deleveraging will continue. Central bankers aren't immune to gravity. Nature wins, eventually and always.

Last year we were told lots of regional banks would fail after SVB & those other three banks failed but none have. And for several years there's been dire warnings of economic collapse that haven't materialized. Loads of prediction in 2022 that in Q3 or Q4 we'd have a recession & then those predictions were pushed back to 2023 & now very few predictions on when a recession will occur. I used to listen to all that stuff & assume these thing would happen. Now I just ignore it all.

When was this meeting?

Both Powell and Yellen say they are not worried about a repeat of 2008, and admit many small and regionals will face “issues” (eg will go under). This won’t bring down their banking system immediately because the TBTF banks don’t have the risk exposure. Just like the Cleveland banks of 1930, the uninsured depositors will be wiped, their loans though won’t be wiped, they will be sold to JP and the like to collect on the loans and warehouse insured deposits. Meanwhile JP is expanding its small bank footprint

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

When was this meeting? Good question. They are obviously not talking about Greece, so it's not around 2012. Must be 2013+ and specifically about the US, as that's FDIC jurisdiction.

They want the fireworks to begin near the halving because they know bitcoin is going to do what it do regardless of their policy and the only thing they can really influence is people’s behavior. They’re dialing up maximum fear to divert capital away from bitcoin.