Speaker 1
market's going to choose the opposite. They're going to choose a less elastic, the most inelastic supply that they can find. And that's going to be Bitcoin. So that's the flip side of the coin. And I don't know how I got onto this, but I like going walking through this, this argumentation for new people to find the content. And they can see what I'm talking about on a daily basis. But I don't know how I got to this with Jack Mahler. This continue. I think there's just a minute left.
Speaker 3
Again, you've got to be absolutely crazy to believe the Federal Reserve right now. They're full of it. And I don't have to because I own Bitcoin. There's no one that could deflate my instrument. I get to hold it, save in it. I know the monetary policy. I sleep like a baby, like the baby face that I am. Jack, I think you're crazy. Believe the Fed in these swap lines and treating these assets at par. It's
Speaker 4
a gimmick. It's a scam. We appreciate your time. Jack Mahler of strike. All
Speaker 2
right. Like I said, great ambassador
Speaker 1
for Bitcoin. Just wish he could get out of that inflation trap that he is in. But let's talk a little bit more about this Janet Yellen stuff. So we touched on it there. And it was the the fear that, well, let's just watch
Speaker 2
the clip because he actually details us out pretty well. And then I'll come in.
Speaker 5
Start with some of the banking issues we're dealing with on it. Will the deposits in every community bank in Oklahoma, regardless of their size, be fully insured now? Are they fully recovered? Every bank every community bank in Oklahoma, regardless of the size of the deposit, will they get the same treatment that S V B B P just got or signature bank just got?
Speaker 7
Bank only gets that treatment. If a majority of the FDIC board, a super majority, a super majority of the Fed board and I in consultation with the president, determine that the failure to protect uninsured depositors would create systemic risk and significant economic and financial consequences. So what? Okay. So she is not on board yet that the market doesn't care
Speaker 2
about inflation anymore.
Speaker 1
CPI is a dead story. The market
Speaker 2
cares about their deposits.
