Viper

I'm a viper. Crypto since Dec 2017. Slayer of FUD. I already made those mistakes. Crypto is a fundamental freedom. TA works. Not financial advice.

[Dan Go @CoachDanGo]

This 3 minute neck drill will change your life:

[Viper @ViperzPoison]

@martbiemans @zachxbt @ezu_xyz @nounsdao @MoonLanderzNFT Nah i think him explaining to you how to sim swap people isn't going to happen. Go to prison if you want to learn crime. You can't stop a sim swap, except by keeping you're data as private as possible.

[Viper @ViperzPoison]

@shanicucic96 @zachxbt @ezu_xyz @nounsdao @MoonLanderzNFT I think you don't understand how this works. It's a simple formula. Fuck around, Find out.

[Viper @ViperzPoison]

@hooeem But that's less $$$$. They don't disclose for more $$$$. Just another greedy human being. Do not trust greedy people if you care about yourself. Everyone needs a second chance but third or more starts to be on you.

[Viper @ViperzPoison]

@zachxbt @stagenator @cubexnft Zach has little to gain from this. I think I'll trust him. People need to buy btc or other coins that have real history and stop this insanity of pumping money into scams.

[Viper @ViperzPoison]

@MayosDavis @SarahTheWoodDuk @Gerashchenko_en They suck the teets of Russia already. They'd just suck harder.

[Viper @ViperzPoison]

@Victorshi2020 Young people are upset with the way their parents are running the world and want change. Like the generation before them and before them and before them. Nothing changes until it's their turn. Read a history book for once.

[Viper @ViperzPoison]

@AOC Thanks Biden. AOC down bad on this one. Try a different topic. This movement has lost. This is just the beginning of the pushback.

[Viper @ViperzPoison]

@THORmaximalist And you think that's in Saudi's best interest? Why would they want to crash us so we can't buy oil from them? It's a two way street. But continue fear mongering.

[Viper @ViperzPoison]

@JoshuaNiday_ @disclosetv @JackieDuVall8 Please tell me you really don't think this was Biden's responsibility. Our intelligence agencies missed it. How would you expect the president to know if they don't. Please get a grip on reality before society collapses from stupidity.

[Viper @ViperzPoison]

@elonmusk Last tesla vid i watch is this one. I'm good bro.

[Viper @ViperzPoison]

@THORmaximalist She shouldn't be a politician. Yes, they all lie and manipulate at times but this is some next level idiocy. Ok, she'll fool some non tech and old people, but they really thought this is her best play in politics? Shocking.

[Viper @ViperzPoison]

@FromKulak Can you explain high status war chief? In my experience women don't like when guys fight most of the time. I know this isn't supposed to be taken literally, but what exactly do you mean by war chief? High status is self explanatory.

[Viper @ViperzPoison]

@talktodenene @MattWalshBlog Because you all won't stop canceling anything you don't agree with. Not everyone will agree in life. Go do something productive instead of trying to cancel anyone who doesn't agree with mutilating children.

[Viper @ViperzPoison]

@zerohedge At some jobs you get fired for incompetence. Lucky for her she's not working at one of those jobs.

[Balaji @balajis]

PRINT TRILLIONS WHILE HIKING RATES

The Fed now has “high rates” like SF has “low crime rates”. It says it does, but it doesn’t.

Because you have to be pretty naive to think today’s rate hike means the Fed is still “fighting inflation”. You can see it in the graphs — the printing is already vertical[1,2], and trillions in new money is available for both domestic[3,4] and foreign[5] banks. Yet the Fed continues hiking rates to fool low information voters into thinking the last two weeks were just an isolated series of multi-hundred-billion dollar bank failures, and that their policy is unchanged. Nothing to worry about, the Western banking system is resilient, and it’s normal to have banks die at the rate of five in ten days![10]

Because that’s actually all this state does: it fakes the rates.

Remember when SF claimed officially low crime rates[6] even as criminals robbed stores in broad daylight[7]? Remember when FDA prevented labs from testing so we all underestimated the COVID infection rate[8], till old people in New York started dropping dead? And remember when the Fed claimed the inflation rate wouldn't be a problem[9] before anyone buying groceries found out it was an emergency?

The American state fakes the rates.

And that’s what’s happening with today’s “hike”. After killing five of their own banks[10], catalyzing a series of bank runs[11], and realizing the public now knew they’d made hundreds more banks insolvent[12,13], the Fed rolled out programs over the last two weeks that broke the normal relationship between “hiking rates” and “tightening monetary policy”.

All the losses the Fed rate hikes cause for domestic banks?
They’re printing money to cover it.[14]
All the losses they cause for foreign banks?
Printing money to cover that too.[15]
And the losses they cause for depositors?
Naturally, more printed money![16]

So now the banks don’t publicly die from bank runs. Instead, even as this rate hike keeps pushing bank stocks further into the ground[17], and banks further into insolvency[18], the banks know they can just get more printed money (eg at the discount window[19] for BTFP) to cover their losses. That’s what BTFP, the swap lines, and the effective “FedDIC” policy mean: infinite money.

And this infinite money is no longer abstract. It’s printed dollars that individuals touch directly when they wire their money out of banks they fear may collapse, which is happening everywhere from community banks[20] to Credit Suisse[21]. The money printer is now connected directly to your checking account. And in the digital era, the bank runs are of a historical scale.[22]

Remember also: the BTFP, swap lines, and FedDIC measures are *so enormous* that the Fed is doing them over weekends[23] with all the other central banks[24], and publishing multiple joint statements[25,26] assuring people that the “system is resilient”, even as Moody’s has downgraded the US banking system as a whole[27].

One of the things I hate about this system is that it’s evolved to be opaque, like a snake that’s evolved camouflage. If the Fed came outright and *said* they were digitally devaluing the dollar by printing trillions, that they were monetizing the debt as Dalio predicted[31] and even getting bondholders to abet the devaluation, everyone would flee for the Bitcoin exit. So instead they lie, to themselves and to others, just as Jean-Claude Juncker recommended[32]. As with CDOs[33] in 2008, the point is to fool themselves and to fool you.

But you have to see through the camouflage. They’re printing trillions[34,35] even as they’re hiking rates. Indeed, they’re printing trillions to compensate for the *consequences* of hiking rates. There will of course be other consequences to printing trillions. You can wait to find out, or you can get into Bitcoin now.

5 figures and 35 citations follow. 👇

[Viper @ViperzPoison]

@RogueOle @EdKrassen You might want to learn how to read and then read the story. The guy said that as an excuse. The guy was completely wasted drunk and tried to use politics as an excuse why he killed someone. He later admitted that wasn't the case. You too, can read if you learn how.

[Viper @ViperzPoison]

@sassal0x Nah. Crypto goes up pre inflation. Everyone tries to get in ahead of what you are explaining. They are looking ahead at something. Others are trying to imitate, but don't know why.

[Viper @ViperzPoison]

@PeterContiBrown Deflection

[Viper @ViperzPoison]

@EmmettFitzhume8 @krassenstein Putin never corrupts governments of old ussr states. He's an angel. This is how to be sarcastic. You did it wrong.