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That’s sad news about Burry. Prior to 2015, I owned prison stocks. Even though they were very profitable, I sold them because I started to get disgusted with the ‘system.’ I sold everything.
NEW YORK FED STARTING A 12-WEEK TEST PROGRAM
OF CBDC,DIGITAL CURRENCY….TRUE?
Yes. This is true.
Timely too, right?
ABSOLUTELY..CUZ NOW WE ALL KNOW HOW RISKY THE CRYPTOS ARE!
SO WE NEED TO PUT OUR FUNDS INTO SOMETHING SAFE&EFFECTIVE…HA!HA!
THE PUZZLE PIECES FIT TOGETHER SO NEATLY!!!!
The Fed’s 12 week program is a wholesale CBDC program. It’s for banks to send money to other banks. That doesn’t mean there won’t be a retail CBDC in the future, but this is not that.
Outstanding money and markets as always.
Hard hitting commentary on the OP:
https://www.zerohedge.com/political/covidcrypto-connection-grim-saga-ftx-sam-bankman-fried
You cannot petition the currency with higher interest rates. CF. You cannot petition the Lord with prayer! Once you have inflated the currency, only growth can exorcise the demons.
No backing up a truck and sucking sewage from the sewer. Backing up a truck with a curtain in the back, and machine-gunning the bystanders with an mRNA gun.
Elizabeth Holmes, (pregnant with her second child), sentenced today to 11 yrs.
https://www.zerohedge.com/markets/theranos-founder-elizabeth-holmes-faces-judgment-day
I suspect she’ll never go. So many faked trials and incarcerations imho.
Couple quick things:
1) Warren Buffett buying Taiwan Semiconductor– no WW3 over Taiwan. QED.
2) Compare uninsurable tankers to uninsurable wind turbines https://www.linkedin.com/pulse/uh-oh-something-else-we-didnt-think-when-picking-wind-john-dzwonczyk
3) Sam Bankman Fried is a Christian patriot, supporting Ukraine via bribes to Democrats with fraudulent cryptocurrency. Prove me wrong.
From wikipedia: As reported by the Times of Israel, both Barbara Fried and Joseph Bankman are Jewish.[24] Matthew Kassel of JewishInsider noted that Bankman-Fried himself “is Jewish”
Was that irony?
Yes, irony. There is a huge Zionist component to the Ukraine conflict. This isn’t prejudice, just observation. We like to pretend that Israel is a stalwart ally, but they instigate a lot of trouble for us, manipulate our government and spy on us. Obviously Sam isn’t another “boy genius,” but an operator with intelligence agency backing.
Thank you for the link to your article, John.
Great info which deserves to be more well known.
Thank you, Andrew. The more you look, the more you see pyramid schemes everywhere. Insiders get the first and best tastes.
Is there a bigger pyramid scheme than derivatives?