12 sats \ 1 reply \ @maxBTC 15 Jan 2023 freebie \ on: WEF: Did we witness "Peak Davos"? bitcoin
It's pretty obvious they will loose eventually, given that the parasitic class are enabled by 0% interest rates.
“Just as in all spheres God opposes myth, mythical violence is confronted by the divine. And the latter constitutes its antithesis in all respects. If mythical violence is lawmaking, divine violence is law-destroying; if the former sets boundaries, the latter boundlessly destroys them; if mythical violence brings at once guilt and retribution, divine power only expiates; if the former threatens, the latter strikes; if the former is bloody, the latter is lethal without spilling blood.”
— Walter Benjamin, Critique of Violence
Exactly. And therefore we should really hope for J Powell being strong enough to resist to the growing pressure of the Davos crowd to open the floodgates again. He has to kill the Fed Put first, then the Eurodollar-market that financed the Euro-commie-zone.
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