Dow +Nasdaq....how the money floats

in cryptocurrency •  6 years ago 

The Dow + NASDAQ are funded with excesses of cheap borrowed (margin) money, printed by FED (US central bank) distributed by greedy smaller lenders (local banks etc) and then ultimately bailed out of bankruptcy by govt's borrowing more cheap borrowed money from the FED.
Nomi Prins (formerly of Goldman Sachs and Lehman Brothers) blows the whistle in her latest book, which the above video highlights. There is speculation among currency experts, that Bitcoin might become the place of refuge the next time there's a big downturn in the economy. It's usually about every 10 years. The last one was 2008. In other words, institutional money coming into crypto, might be migrating the above circle of hell into Bitcoin. yet another reason why we, the Schmucks that get left holding the bag after every collapse, should own at least the bottom trillion dollars of Bitcoin. Five trillion dollars would be better. Imagine the satisfaction that the world's banksters would have to buy Bitcoin from us! This was satoshi's vision

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