COLLAPSE OF THE DOLLAR? Investor Bets That Bitcoin Will Go From $27ok To $1 Million In 90 Days – “The Bankers Lied”


The American economic system is struggling underneath Joe Biden.

Are issues about to worsen?

One investor simply wager $1 million {dollars} that Bitcoin will skyrocket over the following 90 days.

(total tweet under)

Relaxation Of Tweet:

This isn’t your typical fractional reserve scenario. The issue is that there isn’t sufficient within the banks on a mark-to-market foundation to cowl withdrawals. They knew this via all of final yr, and communicated it internally of their coded language.

It’s apparent from the graphs (see under). The central banks, the banks, and the banking regulators all knew an enormous crash was coming — the phrase is “unrealized losses” [1,2,3,4,5]. However they by no means notified you, the depositor.

As an alternative the regulators allowed banks to cover their literal insolvency in footnotes[6], till one man figured it out[7].

It’s Uncle Sam Bankman Fried. Identical to SBF used your deposits to purchase shitcoins, utilizing accounting methods to idiot himself and others into utilizing the cash, so too did the banks.

All of them used the deposits to purchase the final word shitcoin: long-dated US Treasuries. They usually all obtained rekt on the similar time, in the identical means, as a result of they purchased the identical asset from the identical vendor who devalued it on the similar time: the Fed.

Particularly, as NYT admitted, banks “binged” on huge quantities of Treasuries and different long-term bonds in 2021 when the flood of printed cash minimize off their typical demand for loans, and since they thought the Fed would preserve rates of interest low endlessly.[8].

They usually had good cause to consider this. Powell mentioned he’d be “affected person” on fee hikes as late as Nov 3 2021[9]. Then he obtained renominated on Nov 22 2021[10], and hiked charges a lot quicker than anybody had anticipated — which even Yellen[11] and the FDIC[12] admit brought about the present banking disaster.

Why did Powell delay? In all probability for political causes. Presidents don’t like fee hikes[13], particularly working into the election yr of 2022. And Powell thought he may wait and simply be like Paul Volcker[14], who was “agency” after which defeated inflation.

However the world isn’t an 80s rerun. Climbing from ten years of close to zero rates of interest within the 2010s was a shock assault on each greenback holder. Economics isn’t politics – the sort of insane flipflops you see in politics don’t work when there are precise contracts concerned.

So anybody who wager on long-term Treasuries obtained killed in 2021. And now, anybody who bets on short-term Treasuries goes to get killed in 2023. Absolutely the worse place you may be is to have giant quantities of belongings locked up in three month treasury payments. The ~5% rate of interest supplied by huge banks (G-SIBs) is a lure. Most fiat financial institution accounts at the moment are a lure, for these international locations whose central bankers adopted the Fed.

Verify my references, I’ve supplied fairly a couple of.
If you happen to belief US bankers and US media, ignore me.
In any other case purchase Bitcoin and get your cash off exchanges.

[1]: Fed, Sept 22:

[2]: FDIC Nov 22:

[3]: FDIC Mar 6 23:

[4]: Fed Feb 1 23:

[5]: Financial institution CPAs, April 22:
[6]: Insolvency in a footnote:

[7]: Found on-line:

[8]: Banks bingeing on bonds, however not as a result of they need to Aug 25 2021:

A banking legislation professor echoed this sentiment.

Is the collapse of the greenback coming?

For the antidote to media bias, take a look at…

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