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Big finance is basically an arm of the state already, executing the state's monetary policy in a regulated way. It's just the most lucrative part of the government. The state can turn the compensation dial up or down a bit, but it can't really "fight" it in a meaningful sense.
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Replying to and
Whether the state decides to fight crypto to the death or embrace it, big finance will follow suit. Bank balance sheets will always have more treasuries and agency MBS and government-guaranteed loans than anything exotic or rebellious.
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