Dow +Nasdaq....how the money floats

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

Sort:  

Congratulations @abhishekabhi07! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of posts published
Award for the number of upvotes received

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Coin Marketplace

STEEM 0.26
TRX 0.25
JST 0.039
BTC 94802.39
ETH 3313.10
USDT 1.00
SBD 3.32