1 sat \ 0 replies \ @BlokchainB 13 Mar 2023 \ on: US rolls out emergency measures after Silicon Valley Bank collapse bitcoin
This makes me so angry. The system is so broken you got all these YouTube and fintwit trying to explain this complex system debating what is money printing and what is not. For me I like to think in practical terms. How in the world is the central bank getting money? Is it bank reserves? Profits from past dealings? or whatever the fuck to do this type of shit. Buy distressed assets at par like how?!! From where?! Why this bank and why not voyager or BlockFi. Why do people Who knew the rules get made whole while others suffers. Like people who bought the stock on the open market.
Absolutely ridiculous. Sorry for the rant but I’m just so tired of this bullshit happening.