A global audit on EVERYTHING, my thoughts on crypto, and a planned deflation incoming soon?

6/11/22 - 3 min read

Time for an Irving Picard style audit on EVERYTHING EVIL - the Federal Reserve, big banks, big government, cryptos, all of it - and time for clawbacks if there was indeed fraud! Most cryptos are pet projects that will fail. "Crypto-winter" will likely turn most crapcoins into Crypto-permafrost when this entire "newly created asset class" realizes how bad they were duped! The internet (predominantly NASDAQ weighted) was duped as well, but not as big as I think the crypto crash will be; the NASDAQ index went down 80% from 2000-2002, and would have been far worse had stocks not been removed from the index until their final demise. Most went bankrupt or were down 90%, 95%, or even 99% - but at least some of these companies had assets on their balance sheet! With hindsight, one could argue a handful of early tech firms who had a revolving door with big government and no ethics or morals were attempting to plot a 20-year coup d'etat post-tech crash on the entire globe to enslave humanity with their tech. Think about how cheap some of these assets were to those who were still standing! Not to mention how much technology China received from IP (Intellectual property) transfers via partnerships like Alcatel-Lucent and Nortel with CCP run state firms, who then took this IP and did it themselves and kicked these companies out! Like the 1990's internet companies, most cryptos today are loaded up with debt to fund these projects! Maybe some cryptos even have a negative value 😂!

So some hypothetical scenarios: If I were a nefarious Federal Reserve BANK OF THE UNITED STATES official, I would try to crash the stock market in order to have an excuse to transition to the CBDC, which in turn would blow up the crypto market. These two events happening at the same time would create MASSIVE DEFLATION. To the Fed official, even if doing this means crashing the economy, they still attempt it in order to save themselves and keep them relevant. It also makes their Federal Reserve notes more valuable in a deflation (therefore desirable to the masses who are duped into using them). In those days I just described, all paper derived products, even Gold and Silver will crash (with precious metals having a far quicker V-shaped recovery, with the rest of the economy going into a long L-shaped depression). But as people wake up to what the Fed is trying to pull off, Gold and Silver will return to "real value" as they always have, which is what PM's have always done best!

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