Cryptocurrency: CBDC Digital Fiat WARNING BELLS GOING OFF

grarpamp grarpamp at gmail.com
Tue Oct 3 10:55:09 PDT 2023


"
This crisis is being engineered, people.

The collapse of thousands of regional banks will give them the
justification necessary to impose a dramatically new system.

Conveniently the FedNow framework went live in July & has been quietly
waiting on the sidelines.

Bank for International Settlements (BIS) 26 June 2023

https://www.bis.org/publ/arpdf/ar2023e3.htm

Central banks are about to blame their policy error on an inability to
properly monitor the economy under the current system, citing a need
for a CBDC where $ flows can be analyzed.

The inflation, crash & subsequent frozen banking system will be tied
to the "antiquated network."

To implement a CBDC the Treasury & Fed must consolidate 4000
institutions into JPMorgan & big 5. The public will never support this
without a crisis

The Fed's BTFP + OCE interventions are the only thing preventing a
regional banking crisis. They'll pull the rug & play the savior
"

"
We are currently witnessing the 3 rd largest drawdown in long duration
treasuries in the history of the US. In an environment where the FED
is selling more treasuries than ever with no willing buyers for our
worthless debt. All while our debt $33 trillion ATM is going
exponential.

10-Year Treasury yields closed just below 4.7%. Soon the yield will be
above 5%, its highest level since 2001. Once that level is taken out,
the move up to 7.5%, the 1994 high, should be very quick. After that
the next resistance level is the 1987 high yield of just under 10%.

If rates go this high it will destroy the gold market like the 1980s &
cause a debt collapse outside of the US (intentionally), securing the
Dollar's position as the global reserve currency. It will also kill
housing and crypto.

The Fed is collapsing the M2 at the highest rate ever, money velocity
is an ATL. All the regional banks that were encouraged by the FED to
buy Long duration treasuries post 2008 will implode here shortly.
"


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