Read_727 - The Banking Crisis Stays, & the Treasury is Broke [Nik Bhatia, Joe Consorti]

May 03, 2023 • 00:39:45
Read_727 - The Banking Crisis Stays, & the Treasury is Broke [Nik Bhatia, Joe Consorti]
Bitcoin Audible
Read_727 - The Banking Crisis Stays, & the Treasury is Broke [Nik Bhatia, Joe Consorti]

May 03 2023 | 00:39:45

/

Hosted By

Guy Swann

Show Notes

"The fall of First Republic Bank was the second-largest bank failure by assets in US history, putting us in the 2008 conversation. Times are different, but the bank failures are relatable in size. The total assets of three 2023 failures have already eclipsed the total assets of all the banks that failed during the Great Financial Crisis" — Nik Bhatia, Joe Consorti Today we dive into a short breakdown of the breakdown of the banking system with The Bitcoin Layer. The banking crisis is here to stay, the Treasury is even more broke than they guessed, interest rates are still going up, inflation isn't stopping, and what does this all mean for our money, and our Bitcoin? Find out in today's episode. Check out the original, plus tons of other great updates in The Bitcoin Layer, and the eye opening visuals that come with this article at the link: https://thebitcoinlayer.substack.com/p/banking-crisis-is-not-going-anywhere Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------ "The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics." — Thomas Sowell Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

August 20, 2024 • 00:58:16
Episode Cover

Read_840 - Godzilla Returns

"The Fed, knowingly or not, is basically in charge of the global financial system. They may shout, “We raise rates in the US to...

Listen

Episode

November 20, 2019 • 01:08:52
Episode Cover

CryptoQuikRead_321 - Bitcoin is Not Too Slow [Parker Lewis]

The 5th installment of the always fascinating "Gradually, then Suddenly" series from Parker Lewis and Unchained Capital.  What is the real problem that Bitcoin...

Listen

Episode

December 07, 2021 • 00:47:49
Episode Cover

Read_583 - Libertarianism & the Bitcoin Strategy [Stephan Livera]

"Even if we could somehow convince the world or the U.S. government to adopt a gold standard, there’s not really anything stopping them from...

Listen