Olivia
Online
#rememberthefifthofnovember
@Marklar1968
Here there & everywhere. So beware... I'm Bad & I'm Nationwide. Everyone should be aware of that #quote @zztop
Nunya Creek MT
Joined May 2011
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Nothing worth doing is easy
Tether is running the same playbook as a corrupt central bank, except a central bank has oversight and Tether has a PO box in the British Virgin Islands, predators cofounding it and scammers running it.
Here is how a corrupt central bank works. You issue the currency --> collect real assets as reserves --> skim the interest off the top --> convert the profits into things that hold value such as gold, land, commodities, all before the currency you are issuing falls apart. And you know it is going to fall apart because you are helping it fall apart. But by the time everyone else figures it out, you have already moved the real wealth somewhere safe.
That is exactly what Tether is doing.
They issue a digital dollar. You give them a real dollar, they give you a token. They take your dollar, park it in Treasury bills, and keep the interest made. They made $13 billion last year.
edThen they took that profit and convert it into $8.7 billion in physical gold, 210,000 hectares of farmland in South America, the country's only fertilizer producer, AI data centers, satellites, and humanoid robots.
They are selling you a dollar while they stockpile gold. So, they do not trust the very thing they are selling you and that should tell you everything.
It gets worse because a weaker dollar actually makes them richer.
When the dollar falls, more people in emerging markets buy stablecoins because their local currencies are collapsing even faster, so the user base grows. When the dollar falls, gold goes up. So their $8.7 billion in gold appreciates. When the dollar falls, food prices spike. So their farmland and fertilizer monopoly become worth more. They are making money from the decline on every side of this trade simultaneously.
The GENIUS Act, that Lutnick and Hines wrote, requires every stablecoin to hold reserves in US Treasuries. The government has to keep issuing debt because it is running record deficits, and it has to keep paying interest on that debt. So Tether is essentially a toll booth sitting on government borrowing that cannot be turned off. The worse the fiscal situation gets, the busier the toll booth gets. And while corrupt, the more debt they hold, the less likely the DOJ will probe.
And if the dollar truly crashes one day? They do not care. By then they have already converted billions in digital dollar profits into gold, land, food, and infrastructure that holds value no matter what happens to any currency. The stablecoin was never their end goal, it's just the machine they used to extract real wealth knowing the crash is coming.
Tether has never been independently audited. It was co-founded by a man who was Epstein's crypto advisor for 8 years. Four men own 86 percent of it. The CFTC caught them lying about their reserves. The UN has linked them to over $17 billion in organized crime. And this administration just handed them the legal right to issue America's digital currency while the Lutnick's family holds their money and the Treasury Secretary sits on the Epstein banking records that would tell us where all of this started. Okay.
This is not a fintech company, Tether is acting like a corrupt central bank with no regulation, no borders, and no one watching because the people watching are in on it.
Stay tuned for what they are building....
https://t.co/rc4JPTy4Gm
Just as predicted, Bessent is buying back $12.5 billion in US Treasuries this week because there are no buyers left.
China dumped $41 billion, Japan dumped $47 billion, and there is $240 billion in foreign selling in 30 days. Long-term yields have hit 20-year highs. There is a buyers' strike on American debt and the Treasury Secretary is stepping in to buy our own bonds with our own money.
The GENIUS Act requires every stablecoin issuer to hold reserves in short-term US Treasuries. That means every digital dollar minted is a forced buyer of government debt. Bessent himself said stablecoins could absorb $1 trillion of our debt, and I'm sure the current open investigations against Tether will disappear if they own $1T in US debt. I digress.
He is doing the buybacks right now to keep the bond market from collapsing while the stablecoin law spins up the replacement buyers. Foreign central banks are walking away and private digital dollar companies are walking in. They are legally required to buy Treasuries no matter what the yield is.
The buybacks are his bridge to the stablecoin destination.
Currency Killer, how Bessent is crashing our dollar is on my substack now (link in bio). Enjoy!
You can find all our parts and merch on our website https://t.co/yViOqn1VkV
Thank you everybody
Of course the Currency Killer is lying to the American people. Do you think we're dumb?
You say wages are beating inflation. Then explain why your own Labor Department says hourly pay lost 0.2% this year. Pay up 3.3%, prices up 3.4%, gas up 25%.
Tell people you hand picked a number that counts weekly pay, not hourly. Weekly goes up when people work more hours. Nobody got a raise. They picked up longer shifts to afford your prices, SCOTT.
You also forgot to mention the dollar just had its worst year since 2017. Central banks are dumping it. Gold is over $5,000 because the whole world knows what you refuse to say.
Scott Bessent ran money for George Soros. He knows exactly which number is real. He picked the fake one on purpose, because the midterms are eight weeks out and the truth is his policy is shrinking your paycheck to pay down the debt.
He's not confused. He's the guy killing our currency.
Be so for real.
📺On September 7, 1966, Iron Man made his first animated on-screen appearance in the syndicated animated series, ‘The Marvel Super Heroes’
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Thank you for all the love and support
Appreciate the fuck out of all of you
https://t.co/MMFhg9Wtjr
Part 1: The New US Dollar: The One That Epstein Built. Let’s look at the most corrupt company trying to be our new US currency. For those who prefer video format, here you are!
Bull riding doc screens alongside film's star https://t.co/mWyaEEKPTo
https://t.co/cU596aPXd7
The spitfire has found a new home.
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