[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.17369000 [View]
File: 298 KB, 700x1090, chancellorbrinksecondbailoutbanks.jpg [View same] [iqdb] [saucenao] [google]
17369000

>>17368913

>> No.17365631 [View]
File: 298 KB, 700x1090, chancellorbrinksecondbailoutbanks.jpg [View same] [iqdb] [saucenao] [google]
17365631

>>17365543
because the major source of inflation is monetized debt, i.e. new money is being injected as debt, so whoever has access to this credit are essentially able to continuously spend money at pre-inflationary price levels while leaving the suckers who don't to spend money at post-inflationary price levels; it's one of the many ways you get buttfucked if you're not somehow connected to the mandala network with the central banks at their core
see: Cantillon effect
also, Craig created Bitcoin specifically to combat this type of scummy behavior by central banks, and has been a known sympathizer with numerous aspects of Austrian economics for a long time, and there's a reason he referenced the attached image in the genesis block of Bitcoin

>> No.17356878 [View]
File: 298 KB, 700x1090, chancellorbrinksecondbailoutbanks.jpg [View same] [iqdb] [saucenao] [google]
17356878

https://www.youtube.com/watch?v=MrpWXZCEMkI
just a reminder that repo operations which were supposed to be temporary have now gone on for almost half a year

>> No.6987478 [View]
File: 300 KB, 700x1090, genesis-block-newspaper-bitcoin.jpg [View same] [iqdb] [saucenao] [google]
6987478

>>6987361
putting this in the genesis block just screams world domination

Navigation
View posts[+24][+48][+96]