What is Secessio Plebis and how does it relate to bitcoin? What can we learn from the Roman Plebeians? The banking crisis and economic breakdown of the worlds major economic powerhouses seems to be coming to a climax. What can YOU DO abut it? Maybe it's time to begin your personal Secessio Plebis.
More bank news this week including major news breaking after the recording of this podcast. This could be the beginning of the Fed's pivot from Quantitative Tightening to Quantitative Easing. With our current cocktail of high interest rates and high inflation this may prove disastrous tipping us firmly into recession if not worse.
News and Links
Analysis showing numerous US banks on the brink of collapse
Midsize banks asking for coverage of all deposits for two years
Coinbase Setting Up Exchange Outside of United States
EU Parliament Member Calls for Ban of Crypto
Argentina Hikes Interest Rate 300 basis points (3% ) After Inflation Breaks 100% Barrier
Fed Lending Money to Banks at Near Record Rate
Barney Frank Interview on Closure of Signature Bank
Moodys Downgrade of Six US Banks?
Bonus:
Feds Announce Coordinate Daily Dollar Swap Lines
Block Height at time of recording: 781,463
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I can be reached by email at [email protected] and on twitter at @McIntoshFinTech. My mastodon handle is @[email protected]. I'm also on matrix at @mcintosh1775:matrix.org. Looking forward to hearing from you!
Website
Music Credits
Protofunk by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license
The following music was used for this media project:
Music: Ethernight Club by Kevin MacLeod
Free download: https://filmmusic.io/song/7612-ethernight-club
License (CC BY 4.0): https://filmmusic.io/standard-license
Artist website: https://incompetech.com
