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I am neither left nor right just a pragmatic minimalist. The minimalist in me does like some of the things they are doing given the tech industry make me very
by LinuxBender 2y ago
I am neither left nor right just a pragmatic minimalist. The minimalist in me does like some of the things they are doing given the tech industry make me very used to it and I can see the long term benefits. Every leader in the last few decades has pinky-promised to downsize the government. bigger topic obviously, given the careless and reckless way it is being done.
The logical part of me can not fathom why governments are getting into unregistered unlicensed securities. [1] I can understand some of us plebs getting sucked up into it from desperation but the federal government of all entities should know better given they made laws about it in the 1930's due to fraud. The conspiracy theorist in me has a gut feeling this might be a way to circumvent FDIC backing so when they induce a collapse everyone just loses everything.
[1] - https://www.youtube.com/watch?v=ZpqreZlmHGU https://www.youtube.com/watch?v=ZpqreZlmHGU [video][8 mins][cnn]
- IAmGraydon 2y agoHow would this circumvent FDIC backing? They wouldn't need to anyways. The FDIC only has around $120B, which is basically a joke compared to the bailouts that would be required in a collapse scenario.