
Episode #124 - Chris Sullivan and FTX Damage Control
Gold Goats 'n Guns Podcast
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Cryptocurrency - Can You Taper a Ponzi Scheme?
The federal reserve is a Ponzi scheme that has, has under credibility. It's already your prototypical retail central bank digital currency. I can see the Fed having problems with every bit of this. Powell even came out and said a year and a half ago or so, he said, look, I don't have a problem with Bitcoin, but I do have aproblem with stablecoins. So now let's ask a question. What if tether's balance sheet - which over in the past was very shady,. what if it is still very shady? The people who are backing tether with the $67 billion it needs and liquidity is actually the Fed.
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