0 sats \ 2 replies \ @kepford 17 Mar 2023 \ parent \ on: Fed Balance Sheet Explodes By $300BN As Bank Bailouts Lead To Record Discount bitcoin
A collapse seems inevitable to me. Especially when you look at world history. It always happens. Systems fail, its just a matter of when and how much wreckage.
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0 sats \ 1 reply \ @tomlaies 17 Mar 2023
Why collapse? What factor makes you think a big event is more likely than long term hardship of stagflation? I can't follow
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21 sats \ 0 replies \ @kepford 17 Mar 2023
When I say collapse I mean the dollar. But I also mean the US control over the financial system. Why? The short reason is that you can't do what they are doing forever without it collapsing. You can't keep inflating supply forever. All fiat currencies have collapsed. They politicians don't always admit it but it is true. Like I said, the question is when. It may be in the next year, next 5, or next 20. I don't know.
Read Mandibles btw. Great book.
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