Imagine YOU were the FED
You have enough Liquidity to bail out the important banks, been setting it up for days. The Shrimp banks can default, happened before in 2008 and the DXY INCREASED in Value
You HATE Crypto, its taking Your money
Increase Rates by 50- job done ?
This is a very real scenaro as far as I am concerned. Traditional finance is under attack by Crypto. Traditonalists will run to save banks but , if you think about it, WHY ?
Banks are a prime example of "Filter down" but most of the time, it is more a trickle is anything at all..and THAT is what people like the FEDERAL RESERVE ( A PRIVATE organisation, NOT governmental) are tryin gto protect.Their monopoly.
There has NEVER been a cradable challenge to the Banking industry - Now there is and it is WAR
As mnetioned above, 2009 saw many banks collapse but look at the DXY...It Rose 22% over the next 12 months. DXY did not suffer in anyway and this could happen again and, in fact, is VERY likely to. And THAT is the FED's job - thats what it does.
So, Will they raise the rates tomorrow ? 12? 50 ? 75 ?
The mission is to Kill Crypto or save a Business ?
We will find out tomorrow
You have enough Liquidity to bail out the important banks, been setting it up for days. The Shrimp banks can default, happened before in 2008 and the DXY INCREASED in Value
You HATE Crypto, its taking Your money
Increase Rates by 50- job done ?
This is a very real scenaro as far as I am concerned. Traditional finance is under attack by Crypto. Traditonalists will run to save banks but , if you think about it, WHY ?
Banks are a prime example of "Filter down" but most of the time, it is more a trickle is anything at all..and THAT is what people like the FEDERAL RESERVE ( A PRIVATE organisation, NOT governmental) are tryin gto protect.Their monopoly.
There has NEVER been a cradable challenge to the Banking industry - Now there is and it is WAR
As mnetioned above, 2009 saw many banks collapse but look at the DXY...It Rose 22% over the next 12 months. DXY did not suffer in anyway and this could happen again and, in fact, is VERY likely to. And THAT is the FED's job - thats what it does.
So, Will they raise the rates tomorrow ? 12? 50 ? 75 ?
The mission is to Kill Crypto or save a Business ?
We will find out tomorrow