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Implanting

05/14/22 6:39 PM

#16950 RE: SeaBlue #16949

Seablue, the smart people or the people that won't tow the line of what is politically expedient for the Fed to follow don't get promoted. In government the losers get the promotions. That's the way it works in government bureaucracies. Of course, we all know that's just the opposite of the way it should work.

To your point about the Banks being the problem, yes, they ARE the problem. The Banksters aren't elected Politicians, but they're just as corrupt. The Fed and the government collude together the screw the average person. Most people are too dumb to know it.

Implanting

05/17/22 3:04 PM

#16955 RE: SeaBlue #16949

Not only is the Fed worthless, it would appear as time marches on we're going to see more crypto holdings become WORTHLESS. More discussion about Tether in this article and how the Big Boys are bailing on it.

IMO this is only a matter of time in coming, as the liquidity is drained from the markets, so will the money in these UNstable crypto scams. What happens when Bitcoin goes sub $20K and all the big Shots have their margin calls happen?
It's going to get very ugly indeed.

Nobody gives a damn until the SHTF moment arrives. LOL

https://www.cnbc.com/2022/05/17/tether-usdt-redemptions-fuel-fears-about-stablecoins-backing.html

P.S.: I heard some Talking Head on Fox biz news yesterday say Bitcoin would be $250K/per coin by the end of this year. I'm thinking it may have a hard time making $25K. We shall see.