aaron8819 on Nostr: The fed is forced to keep a broken system alive. Crushing inflation (raising rates) ...
The fed is forced to keep a broken system alive. Crushing inflation (raising rates) exploited the flaws in the system, crushed consumer confidence, and if continued, ultimately brings down the ponzi.
Defending the ponzi now means even more inflation, further exacerbating the broken system.
Fiat currency debasement is inevitable, bailouts accelerate this.
Bitcoin (and other scarce assets) will soak up all that liquidity like a sponge. Excited to watch it happen in real time.
Published at
2023-03-12 23:06:07Event JSON
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"content": "The fed is forced to keep a broken system alive. Crushing inflation (raising rates) exploited the flaws in the system, crushed consumer confidence, and if continued, ultimately brings down the ponzi. \n\nDefending the ponzi now means even more inflation, further exacerbating the broken system. \n\nFiat currency debasement is inevitable, bailouts accelerate this. \n\nBitcoin (and other scarce assets) will soak up all that liquidity like a sponge. Excited to watch it happen in real time.",
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