People who have been paying attention to the Fed for a while know that it lost credibility a LONG time ago. This is something different though. The Fed's lack of credibility is going mainstream.
Years of bad financial planning and overt financial engineering are being rewarded by the Fed and its cronies for "the sake of the US economy".
Regardless of what happens, I'll be stacking sats.
As the debt fueled system continues to become more fragile and as those in control of the system continue to loot from the masses, I find solace in the fact that we are able to find safety in sats.
Bitcoin provides the world with a truly uncorrelated asset that is not a part of the highly interconnected Frankenstein of a financial system that we have haphazardly thrown together since Nixon officially took us off the Gold Standard in the early 1970s.
Luckily for us freaks, we have Bitcoin. A chance to build a system disconnected from the bullshit of the legacy system.
