Dear citizen,
Just so you realize what is happening:
1. Your government shuts down your entire country.
2. To prevent economic collapse your central bank buys up a lot of bonds with printed money.
3. After a while, this causes rampant inflation (you pay).
4. To fight the inflation it caused, the central bank raises interest rates.
5. This causes the value of bonds to collapse, leaving a gaping hole in the central bank's balance sheet.
6. This "necessitates a recapitalisation with budgetary funds”, in layman's terms: plugging the hole with your taxpayer money (you pay again).
This will continue, until enough people wake up and opt out of the madness: #bitcoin
https://www.telegraph.co.uk/business/2023/06/26/german-central-bank-bailout-money-printing-spree/
BitcoinReserve / Bitcoin Reserve
npub1et…7mrat
2023-06-26 20:28:18
Author Public Key
npub1et8205xq54alghgq7n2n7tskwqptwkya8le20w09kketgvrh32dsl7mratPublished at
2023-06-26 20:28:18Event JSON
{
"id": "368c6d74269de77554b950537bc7bce58be97ac8dc8153b39a3b65f27b784cd8",
"pubkey": "cacea7d0c0a57bf45d00f4d53f2e167002b7589d3ff2a7b9e5b5b2b430778a9b",
"created_at": 1687811298,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
],
[
"t",
"bitcoin"
],
[
"r",
"https://www.telegraph.co.uk/business/2023/06/26/german-central-bank-bailout-money-printing-spree/"
]
],
"content": "Dear citizen,\n\nJust so you realize what is happening:\n\n1. Your government shuts down your entire country.\n2. To prevent economic collapse your central bank buys up a lot of bonds with printed money.\n3. After a while, this causes rampant inflation (you pay).\n4. To fight the inflation it caused, the central bank raises interest rates.\n5. This causes the value of bonds to collapse, leaving a gaping hole in the central bank's balance sheet.\n6. This \"necessitates a recapitalisation with budgetary funds”, in layman's terms: plugging the hole with your taxpayer money (you pay again).\n\nThis will continue, until enough people wake up and opt out of the madness: #bitcoin\n\nhttps://www.telegraph.co.uk/business/2023/06/26/german-central-bank-bailout-money-printing-spree/",
"sig": "46d44ee84d147b5b4c67b7192fe0c381729b75788e73bb62086f0f3f14c303b403446e61284ac3935564a1145295cf46ba194e84920a3615cea0087117233254"
}