“The goal is for the fund to be in a position to support a credible and well sequenced policy package that is designed - erm - by the - erm - by the authorities.”

This is what a liar sounds like. 

Bitcoiners know. 

“Credible,” means interest bearing. 

“Well sequenced,” means they will bail-out unsuspecting victims when they stop being able to make interest payments, by giving them more loans. 

Study #bitcoin