Want Some Controversy With You Morning Cup? Egon von Greyerz told King World News: Governments will smash cryptos whenever they wantsteemCreated with Sketch.

in #endthefed7 years ago

Egon von Greyerz: “Hubris is a deadly sin. It is an arrogance and conceit of the highest degree that eventually leads to failure. As we reach the final stages of the current economic cycle, hubris is prevalent everywhere. Central bankers believe that they can continue to create wealth by printing and borrowing money. Since it has worked so well for 100 years in this latest cycle, why can’t it continue?…

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Just like they smash BitTorrent.

I guess they are testing their leverages or is it levers LOL 😃

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