Thread by @DeepBlueCrypto

The #FederalReserve is paying $275 billion a year to Wall Street to hide inflation it created with the help of the crony Wall Street banks.

A portion of the dollars FED creates and loans out to banks, is parked at the FED by those banks and FED pays out interest on that money.… twitter.com/i/web/status/1…

Here’s a prev thread on the FED

https://twitter.com/deepbluecrypto/status/1638003442168782851

Senator Ron Johnson: You’re gonna drive the debt from $32 trillion to $50 trillion… correct

Janet Yellen: Yes… but the metric that matters the most is relative debt to GDP ratio

Who’s gonna buy your debt?

Of course the current trajectory of US debt levels are unsustainable. Yet you see these morons in the White House sending $200 billion to Ukraine as if FED is their central bank.

WE DON’T HAVE A DEBT PROBLEM, WE HAVE A SPENDING PROBLEM

National Security is a blanket term under which they bury all of their misgivings…

- #PatriotAct people lost rights and there’s surveillance everywhere

- #RESTRICTAct people lose more rights and US is a surveillance state

- #Bitcoin and #DeFi bad are the arguments for… twitter.com/i/web/status/1…

Janet Yellen is completely wrong BTW and these are the best economists we could find to run the free world

https://twitter.com/bobmurphyecon/status/1643935338107207681

563 banks have collapsed since 2001, according to the FDIC

More collapses on the way…