NuclearBitcoin on Nostr: Why is #Bitcoin pumping you ask? Bc banks loaned out all of your money & bought ...
Why is #Bitcoin pumping you ask?
Bc banks loaned out all of your money & bought treasury bonds that should be appreciating but are actually depreciating due to all the rate hikes which is resulting in a negative bank balance sheet when comparing their assets & liabilities.
This is causing banks to default & ask for more loans (bailouts) from the Fed or other banks.
Bc banks loaned out all of your money & bought treasury bonds that should be appreciating but are actually depreciating due to all the rate hikes which is resulting in a negative bank balance sheet when comparing their assets & liabilities.
This is causing banks to default & ask for more loans (bailouts) from the Fed or other banks.