🧵A Thread On Who REALLY crashed #FTX and WHY 1) #SBF was owned and operated by Davos as a front for Offshore Dollar Market (ODM) money creation and laundering through Ukraine and beyond the jurisdiction of the Fed.
2) Davos used #SBF and #FTX as the tool for regulatory capture of the entire #crypto industry. They need to control the industry in order to control stable coins because stable coins are the replacement of the ODM/Eurodollar System.
3) The ODM is being destroyed as Powell raises rates and bankrupts Davos. Therefore Davos’s only hope was to capture the entire stable coin market so they can keep printing more money to fund wars and overthrow governments (and steal the midterm elections).
4) Knowing CZ/China couldn’t be captured since Binance is not under any national jurisdiction, Davos tried buying him out via pumping up #FTT. #CZ called their bluff and bankrupted them by sending #FTT to zero to escape soft-power control over the Davos outfit that was #FTX
5) This sent a shockwave throught the contagion of all 134 #Alameda firms and the greater #crypto industry. The entire market crashed especially as firm were forced to sell their #Bitcoin holdings to make good on their liabilities.
6) The only way Davos really wins is to force the Fed to pivot. At this point, the Fed will only pivot if the #US is forced into a #WWIII by the #Brits (like the previous World Wars) against #Russia and #China.
7) This is why Powell needs to bankrupt the Eurodollar market/Davos before a false flag. As the offshore dollar markets are being drained through rate hikes, Davos took to stable coins instead. CZ crashing #FTX was him doing Powell, the Fed/their shareholders the NY banks a solid
8) CZ/China might not be friends with team Fed but they're temporary allies because #BRICS & American sovereigntists don't want WWIII. Davos (euro-colonialist-commies) do. It's the only way they get their Great Reset and take over the world island as they've wanted for centuries
9) Simply put, the blow up of #FTX and ponzi #crypto companies was a coordinated attack by powers at the Fed and #BRICS allies against global commies out of the #EU. It was a "take that for stealing our elections." F*ck Around and Find Out.
10) Powell doesn't have a problem with #Bitcoin, he has a problem with stable coins. Stable coins are created beyond the Fed's jurisdiction, & therefore are the evolution of the offshore dollar market which the Fed aims to destroy to preserve credibility & monetary independence.
Interesting take, but I’ll have to respectfully disagree in a few spots.
A rebuttal thread 🧵
1) I’m not sure a CBDC would make the dollar more valuable overnight. The dollar is valuable due to the global economy being “biblically short dollars” as @tom_luongo likes to put it.
2) This has been due to the Fed’s policy of tightening via raising rates and sucking dollars into RRP. What would give the dollar even more value and prevent the hyper inflationary scenario is if the US follows the steps of Russia and China and enable a commodity-backed currency.
3) The US WILL ALO be incentivized to remonetize gold to 50/100 year treasury coupons. They may even build their new monetary system on top of Bitcoin as hinted in multiple Fed papers.
It was an honor and a blast to be on one of my favorite podcasts @timelineearth to chat w my bud @TLE_Car about the theory of Davos, and why the Fed winning this global war is a white pill for society…because white pills are “awesome.” Check it…timelineearth.org/ts-15-the-fed-…
1) THREAD 🧵 UPDATE!
The following article from 2019 post the September repo spasm of that year further confirms the Fed’s plan to ditch the Fed Funds Rate and fully replace it with SOFR. See article below in attached tweet 👇
2) Yes, It's from 2019, but further confirms the move away from LIBOR and potentially replacing FFR (IMHO). Biggest confirmation was in the last paragraph I think
1) 🧵 Powell is Sunsetting the Fed Funds Rate: After these constant interest rate hikes and the Fed breaks Europe and destroys the offshore dollar market, Jerome Powell may sunset the Fed Funds Rate and completely replace is with the Secured Overnight Funding Rate.
2) The Fed’s goal is to re-assert its credibility and gain back monetary independence. Powell is already flirting with ending the Fed Put because the Fed Put is very much a globalist idea. Why not end FFR as well is SOFR divorces the Fed from the arbitrary globalist rate, LIBOR?
3) If the Fed trusts the “market rate” btwn US banks & it’s helping bring capital to US (SOFR), wtf is the point of the FOMC coming out to save the day with a separate rate if SOFR is taking care of it all and if everything is going great? Powell wouldn't be in as big of a pickle
1/10 THREAD 🧵 How the @federalreserve Destroyed the Offshore Dollar Market (ODM) in 3 Steps
Step 1: US banks stopped accepting Eurodebt as collateral in Jan 2019, causing the repo spasm that Fall. No collateral means Davos can’t get dollar reserves in exchange to lever up
2/10 Meaning Davos cantaloupe get dollar reserves to fractional reserve-print more money than the Fed itself bc ODM is outside the Fed’s jurisdiction. No reserves means no more printing of Eurodollars (AKA: the beginnings of the death of the ODM).
3/10 Step 2: At the June FOMC meeting in 2021, Powell raised the Reverse Repo Payout Rate by 5 basis points and opened foreign repo facilities. This removes $1.7T of base 0 money/dollar liquidity from the global economy, further increasing demand and strengthening the dollar.