Jesse Powell on Twitter: "@mrnonel Surely, they have moved us closer to hyperbitcoinization. Such a high price to pay though. We could have made our way on a slightly slower timeline without all the misery." / Twitter

The extra messed up thing is that the Fed, through its willingness to print, enabled/made viable the failed policies that destroyed our economy and caused untold damage to our children and mental health. Without the money, we’d have been forced to take Sweden’s reasoned approach.

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Thomas Massie

@RepThomasMassie

· Mar 13

Congress, under both Trump and Biden, spent $7 trillion we didn’t have, in the name of COVID. There wasn’t $7 trillion available to borrow, so of course we printed trillions of dollars. Anyone who is telling you this didn’t cause inflation is either ignorant or lying.

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Mark Nakata

@mrnonel

Mar 13

But how much of the stimulus money did recipients use to buy #Bitcoin, cryptocurrencies, and NFTs? Would the cryptocurrency industry be better off without these new retail customers and their cash liquidity?

Jesse Powell

@jespow

Replying to

@mrnonel

Surely, they have moved us closer to hyperbitcoinization. Such a high price to pay though. We could have made our way on a slightly slower timeline without all the misery.

5:23 AM · Mar 13, 2022Twitter for iPhone

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