The problem with the fiat system is that it accelerates crisis more and more until it is not possible to continue anymore. It will worsen in the future, until a major crash will happen.
paper over :- to hide an unpleasant situation, especially a problem or disagreement, in order to make people believe that it does not exist or is not serious
I always find it fascinating how the words and phrases we use regularly have much deeper meaning. Almost as if the people who created them where trying to warn us.
The problem with the fiat system is that it accelerates crisis more and more until it is not possible to continue anymore. It will worsen in the future, until a major crash will happen.
Great chart. BTFP was a joke. Wait for the 2024-25 ones. Fewer and fewer real banks. Join the bank of Bitcoin!
But now magically everything is fine, or so they think, like in the scary movies, the quieter the place, the worse the situation is.
Banking is only great because it is readymade to failures, today or tomorrow.
I always find it fascinating how the words and phrases we use regularly have much deeper meaning. Almost as if the people who created them where trying to warn us.