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NOT A DRILL! Balaji Bets the Dollar will Hyperinflate to Zero
Bankless
Is Everything on Fire and We're All Going to Die?
The Federal Reserve has put out multiple statements over the last few weeks that are like, we're still solvent. The whole point is for them to spend whatever trust they have and hope you don't exit the system. In four days, it was up to $2 trillion. And really, it's going to be infinity. So this is a new era. This is the final era where they have found they can't hike rates anymore. All people are looking for their money in the banks. They're printing tons of money to give it to these banks. And the banks are taking it.
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