BitcoinReserve on Nostr: Dear citizen, Just so you realize what is happening: 1. Your government shuts down ...
Dear citizen,
Just so you realize what is happening:
1. Your government shuts down your entire country.
2. To prevent economic collapse your central bank buys up a lot of bonds with printed money.
3. After a while, this causes rampant inflation (you pay).
4. To fight the inflation it caused, the central bank raises interest rates.
5. This causes the value of bonds to collapse, leaving a gaping hole in the central bank's balance sheet.
6. This "necessitates a recapitalisation with budgetary funds”, in layman's terms: plugging the hole with your taxpayer money (you pay again).
This will continue, until enough people wake up and opt out of the madness: #bitcoin
https://www.telegraph.co.uk/business/2023/06/26/german-central-bank-bailout-money-printing-spree/
Just so you realize what is happening:
1. Your government shuts down your entire country.
2. To prevent economic collapse your central bank buys up a lot of bonds with printed money.
3. After a while, this causes rampant inflation (you pay).
4. To fight the inflation it caused, the central bank raises interest rates.
5. This causes the value of bonds to collapse, leaving a gaping hole in the central bank's balance sheet.
6. This "necessitates a recapitalisation with budgetary funds”, in layman's terms: plugging the hole with your taxpayer money (you pay again).
This will continue, until enough people wake up and opt out of the madness: #bitcoin
https://www.telegraph.co.uk/business/2023/06/26/german-central-bank-bailout-money-printing-spree/