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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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13439506 No.13439506 [Reply] [Original]

>Federal Reserve prints unlimited dollars from thin air to feed the wall street fat cats and prop up the economy.
>Tether prints unlimited "dollars" from thin air to feed the crypto exhange fat cats and prop up the value of the crypto economy.

https://redagenewsgroup.com/2019/04/25/what-did-bitfinexed-mean-by-this/

The fuck /biz/

>> No.13439548

>Implying HFT is NYSE exclusive
You must be one of them TA eco queers eh OP

>> No.13439549

>>13439506
It was all a dream guys :(

>> No.13439609

>>13439506
Been telling retards on here since the ATH, if you think that golden bull was natural you’re fucking deluded. Tether MCAP has almost TRIPLED since the BTC ATH, how do you think they went from 1b MCAP to almost 3b MCAP when we all lost 85%+ from the BTC ATH? No shit they just created more tethers out of thin air. Hilariously enough r/buttcoin plebbitors were right, to sustain this ponzi for even a couple years longer tether will be #2 MCAP over everything.

>> No.13439618

>>13439548
Wha?

Bad bot.

>> No.13439649

>>13439609
Its amazing what the prospect of wealth will do to peoples discernment. This has been discussed for around 2 years now

>> No.13439650

>>13439609
need to lobby exchanges to ditch this garbage. plenty of other stablecoins.

>> No.13439674
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13439674

>>13439506

The federal reserve only prints money in an emergency. The Fed only controls the interest rate for loans between banks. BANKS create money from thin air via loans and that's where inflation come from. Banks then create asset ponzi schemes because it's hugely profitable for them and there is zero risk since the Government will bail them out.

Western democracies have privatised the creation of money because of the prevailing neo-liberal thought that you don't want Governments spending money freely.

The FED is only a symptom, we need revolution.

>> No.13439687

>>13439674
Where's Andrew Jackson?