4/Now, today this Rus crypto metals nonsense. I expect thus will go over most people’s heads but for anyone that catches the drift here, please DM me. This is the core.
1/I hope everyone sees that the Emergencies Act that Trudeau just enacted (over crypto and banking) is parallel in function to Executive Order 6102 (against gold hoarding) signed by FDR in 1933. @WHCOS@WHNSC
2/The action was controversial then, but absolutely necessary for the US to deal with the challenges we faced. Goldbugs hated FDR for it for decades, but it was the right move; Hitler, Mussolini, and Stalin tried “alternative” approaches.
3/Now, crypto comes along all dressed up pretending to be something new, when it absolutely isn’t. It’s literally fool’s gold in digital form, peddled by con men.
And it should be crushed like a grape, like FDR crushed his gold hoarder rebellion. Ponzi schemes are negative sum.
This is of utmost importance. Also the Senate is down one Democrat right now with Sen. Ben Ray Lujan, who is on leave with a brain tumor. This had been scheduled for vote Wednesday, which could be a chaotic day.
And of course, like always, we have Manchin and Sinema to contend with. This issue needs to be forced to conclusion. Also note that current bill will only take us through March 11. We will need to go through this again then.
1/This is, frankly, why Bitcoin and cryptocurrencies exist today. Roosevelt needed to pay for the New Deal.
Wealthy industrialists preferred Mussolini's "third way" model, Fascism, as a better alternative to Soviet Communism and Roosevelt's Liberalism.
2/In response, there was widespread hoarding of gold by the wealthy. They saw Roosevelt's New Deal approach as a kind of communism, and preferred Mussolini's Fascim. They felt by hoarding gold they could prevent the New Deal from happening, pointing to concerns over inflation.
3/The hoarding of gold represented a kind of "private money" rebellion against FDR's plan to save the US economy. In response, FDR made the difficult decision to issue Executive Order 6102 in response, outlawing the hoarding of gold by private industry and the wealthy.
The US bans or heavily taxes crypto/USD exchange transactions. Bros are up in arms. There may be violence. Many will threaten to leave the country.
Some will. Overall this would be a net gain to the country.
2/If this happens now, it will be noisy and possibly violent. There will be some possible economic instability while the change is digested.
If we do it later, many more people will be radicalized and will potentially lose their assets, with a much higher likelihood of violence.
3/The only real option is to take decisive action now, either via Executive Order, or possibly by applying harsh immediate sanctions on stablecoins like Tether, to collapse the Ponzi.
To continue to entertain this emerging speculative bubble is to court disaster.
1/In a conventional realpolitik frame, there is no rational reason why Putin would invade Ukraine, as the costs to him relative to the gain would seem to be catastrophic. Thus, the West concludes, for him to move forward would be madness. Ergo, he won’t really do it.
2/However, all indications are that he is in fact moving forward. Is that merely “face saving,” or a move to extract more concessions? If we lack imagination, maybe.
But with a more imaginative frame, different realities become thinkable.
3/First, the West seems to pay little attention to the full range of hybrid warfare possibilities, which include full activation of the global Fifth Column, reality-warping population focused info ops, and financial warfare. There does seem to be an alliance between various…
1/Sometimes a gold cube in Central Park is more than just a grift, but a signal. The project was funded in part by Austrian investor Klemens Hallman, a close friend of the “artist” Niclas Castello (née Norbert Zerbs). leadersnet.at/news/55742,was…
2/Hallman is associated with a network of far-right libertarian economists in Austria associated with Brexit connected to Dr. Barbara Kolm of the Hayek Institut. This network is also connected to Peter Thiel and anti-tax “sovereign individual” orgs. ots.at/presseaussendu…
3/This gold cube project was likely conceived as something of an in-joke amongst the international fascist gold bug crowd to announce that the war for gold/crypto is underway. Also to create buzz/warp culture. Zerbs has Wall Street friends in on it too.