Cyph3rp9nk on Nostr: What worries me most is that there is a plan behind this. Could it be that they want ...

What worries me most is that there is a plan behind this.

Could it be that they want to do some sort of worldwide bank run and then say that if you want to recover the funds it will have to be under a CBDC?

This way they would sell the CBDCs as the saviors and the commercial banks as the bad guys.

Also take a look at my note from this morning.

quoting nevent1q…ak9q

The Plan

The Fed has very consciously bankrupted commercial banks. It made it easier for commercial banks to purchase UST securities by easing the SLR requirements whereby banks have to hold capital equal to 5% of their assets; in this case UST securities were excluded from the SLR calculation.

Did the Fed not know that it would soon raise interest rates and that those UST securities sold at very low interest rates would become worth much less? Did the Fed not know that this would cause negative balance sheets in commercial bank accounts? Did the Fed not know that it would cause a liquidity crisis?

I still think that something is missing, they are trying to stress everything to the maximum to implement CBDCs, because although they are now going to inject liquidity into the system, they are penalizing the banks by forcing them to pay annual interest on the liquidity lent.