The great swindle continues
- Under the pretext of covid, they flooded the market with money.
- They then cut interest rates to make it look as if they were fighting their own inflation.
- But in the meantime they created the BTFP program to bail out the banking system and injected trillions and trillions of liquidity back into the system causing inflation to continue to rise.
- They sold you the most manipulated CPI data in history, with inflation around 30% they told you that the CPI was 3.5%.
- In March 2024 the BTFP program ended but they invented the "discount window", the banks continue to receive liquidity in exchange for their crappy treasury bonds, although it is true that with less advantageous conditions than the BTFP program.
- Inflation is still rising, obviously, they keep printing, most goods have doubled in price in western countries, but hey the CPI is 3.5% in most countries in the shadow of the US. The US invents the figures, the rest copy them.
- The best is yet to come, the expansionary monetary cycle is about to begin (liquidity cycles last 4 years), the states need more and more money, the debt is getting bigger every day, the interest on the debt consumes a large part of the budget, it is the fish that bites its own tail.
#Bitcoin
https://m.primal.net/HuZY.mp4