Comments on: Why the next Fed induced asset bubble may be in Bitcoin https://bombthrower.com/will-the-fed-lash-itself-to-the-mast/ Blowing up the Clown World. Wed, 19 Oct 2022 15:36:55 +0000 hourly 1 https://wordpress.org/?v=7.0.3 By: Susan https://bombthrower.com/will-the-fed-lash-itself-to-the-mast/#comment-108221 Sat, 14 May 2022 23:27:07 +0000 https://bombthrower.com/?p=3036#comment-108221 Thankyou for continuing to speak into the crypto space.

]]> By: Mark E. Jeftovic https://bombthrower.com/will-the-fed-lash-itself-to-the-mast/#comment-74301 Sat, 01 Jan 2022 22:34:54 +0000 https://bombthrower.com/?p=3036#comment-74301 In reply to Adam.

Fitts is pretty consistently wrong about crypto. She seems to lump it in with CBDCs and they are polar opposites.

]]> By: Adam https://bombthrower.com/will-the-fed-lash-itself-to-the-mast/#comment-74214 Wed, 29 Dec 2021 20:40:40 +0000 https://bombthrower.com/?p=3036#comment-74214 I recommend you overlay your existing knowledge onto the picture that Catherin Austin Fitts paints.

From her perspective, the Fed, along with all central bankers, are trying to transition us out of a monetary system altogether and into CBDC's…which is merely a socio-digital credit system. A 1000-yr third Reich of, ironically, Kabbalistic bankers. (I'll let you figure out why that is ironic)

Unfortunately, and after much consideration, I've come to the conclusion that this is the case…

And I suppose they will pump BTC and alt coins as their last "bubble" before the whole thing collapses and we move into the ultimate Hegelian Dialectic narrative where the "problem-starters" conveniently bring a solution to the table just after we react to the problem that they created to begin with.

]]> By: Jay Riley https://bombthrower.com/will-the-fed-lash-itself-to-the-mast/#comment-73981 Tue, 21 Dec 2021 23:27:15 +0000 https://bombthrower.com/?p=3036#comment-73981 I think with the economy in CCP occupied China on the brink of collapse (their real estate market is collapsing as we speak) anything their allies in DC accomplish will have to be done with Beijing's cooperation. My pet theory (unencumbered with any pesky data I'll admit) is that CCP is heavily invested in Crypto and is now forced to sell off en masse to try to prevent the inevitable, and I attribute recent dips in Bitcoin pricing to this.

Based on the history of communism as we know it, it seems to last at best about 70 years. That's the time it takes for a generation to grow up with every living generation before theirs saying "I grew up in this system, they've always made these promises, they've never come true". From my youthful interest in the nice sounding utopian theories like Marxism, I now have abiding suspicion of any "free lunch" economic theories, and special contempt for communism and socialism ("communism lite"). Not the people mind you, the theories. Our own special economic problems can be largely traced to our own socialists. I believe FDR was the first socialist president, and find claims he doubled the length of the Great Depression with his policies to be a very credible thought.

Bitcoin seems (from what I've read of the code and theory so far) to be well designed to weather tampering by those with poor impulse control. So long as we can keep a central "authority" from gaining real control over it, they may stretch and bounce it, but individuals can keep some control.

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