The Fed has been told to “just keep printing money” according to an interview with CBS’s 60 Minute. President of the Federal Reserve Bank of Minneapolis Neel Kashkari referred to there being “an infinite amount of cash at the Federal Reserve.”
He went on to say “That’s literally what Congress has told us to do. That’s the authority that they’ve given us: to print money and provide liquidity into the financial system.”
Remember that this very thing is why Bitcoin was created in the first place
If you have been following our blog you will know that the present literal swamping of the world with newly printed money will lead to the most horrific inflation, with too few goods being chased by too much money. The present panic buying in the UK is merely a harbinger of what is to come. Presciently, I said a short while ago that we would soon lose the rule of law and substitute the law of the machine gun.
Now is the time to hold crypto. Your fiat money – GBP, USD, Euro etc etc will soon be worthless as the Mark was in 1922/3 Weimar Germany.
There, the cost-of-living index was 41 in June 1922 and 685 in December, a nearly 17-fold increase – and it continued to rise.
It was only solved in November 1923 when a new currency was established WITH EVERYONE ONLY RECEIVING 5 RENTENMARK.
So be prepared for the future – buy some crypto!
To help with this, any SCOT bought through https://exchange.scotcoinproject.com/
Will receive double the number of SCOT actually bought.