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RE: The Bankers Are Chasing Us Down

in #conspiracy6 years ago

It's worth noting there are different tiers of banksters here. The size class of jp morgan, goldman, wells fargo etc will be put to the chopping block by crypto. But something worth looking at is how bitcoin helps the upper banksters- the fed and other central banks. Bitcoin, when you think about it, is the perfect solution to the trillions of dollars they print willy nilly. With a new asset class, those dollars have somewhere to go- other than into rising prices for stables such as food and gas.

Three things to ask- qui bono- who profits, who loses, and what function is being served.

Good post.

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Indeed. I mentioned in a post some time back that I believed one aspect of crypto saving fiat would be on the taxation. It will help them buy a little more time as they pour their fiat into crypto (I believe they have been already, which caused the bubble we saw a couple months ago (I wrote about it in part one of this).

No one can outwhale a group who creates money out of thin air. For years the Fed has been hiding the true cost of their Quantitative Easing (fancy speak for printing to much damn money) by exporting a lot of it which has been hiding the inflation. Crypto is the perfect answer to solving their problem of it coming back.

Thanks for commenting.

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