Cryptocurrency

[Ron_Artest 2,640]

1 hour ago, easilyscan said:

I have to chuckle when I hear the Fed warning about a $3 trillion collapse, when they're currently in debt by 38 trillion, & that's not counting 100's of trillions in SS & Medicare unfunded liabilities

Federal reserve, not the US government 

[easilyscan 1,104]

4 minutes ago, Ron_Artest said:

Federal reserve, not the US government 

You're half right......The Federal Reserve is an independent central bank within the government, not a standard government agency.

[twcsux 14]

Focking nimrods

[jonmx 2,488]

3 hours ago, easilyscan said:

You're half right......The Federal Reserve is an independent central bank within the government, not a standard government agency.

No...it is 100 percent privately owned and with privately employees.   It's only 'government' is the federal reserve board which are a bunch of lackey bankers working in the interests of banks.  It is completely outside the federal government with the exception of some alleged oversight which has never bothered to audit the books.  We simply trust them to properly account for trillions of dollars.  Ot is a scam which has enslaved citizens to the debt-based currency which only possible outcome is exponentially growing debt. 

[easilyscan 1,104]

58 minutes ago, jonmx said:

No...it is 100 percent privately owned and with privately employees.   It's only 'government' is the federal reserve board which are a bunch of lackey bankers working in the interests of banks.  It is completely outside the federal government with the exception of some alleged oversight which has never bothered to audit the books.  We simply trust them to properly account for trillions of dollars.  Ot is a scam which has enslaved citizens to the debt-based currency which only possible outcome is exponentially growing debt. 

How do you really feel about the federal reserve......lol

Just kidding, I feel the same way.

There's so much more, like Fannie and Freddie. Government sponsored enterprises that don't have to open their books like other publicly traded entities.

Those 2 also played a big part in the meltdown of 2008-2010

Fannie Mae recently eliminated its minimum 620 credit score requirement for loans processed through its Desktop Underwriter (DU) system, following a similar move by Freddie Mac, to help more buyers qualify by focusing on overall financial strength, not just a score.

 

 

[nobody 2,960]

On 12/17/2025 at 1:56 PM, nobody said:

Now you know it's time to buy because I promise you the market manipulators are planting fear for their inevitable entrance back into the market.

Making a surge, baby!  

When it reclaims 100k, the crypto bros might even be back in this thread.

[Frozenbeernuts 2,524]

On 11/15/2025 at 9:47 PM, nobody said:

Don't worry activity will pick up when bitcoin bounces back to 130k.  All the usual suspects that disappear in times like this will be back in here crowing.

You got it. Good.

[nobody 2,960]

40 minutes ago, Frozenbeernuts said:

You got it. Good.

I've owned bitcoin long before you ever heard of it.

[Frozenbeernuts 2,524]

38 minutes ago, nobody said:

I've owned bitcoin long before you ever heard of it.

I heard about it in 1995

[WhiteWonder 3,035]

On 12/18/2025 at 1:11 AM, easilyscan said:

Those 2 also played a big part in the meltdown of 2008-2010

 

yes and no.  have we discussed this in another thread?

They only played a big part because their function is to buy loans from other institutions. Loose lending policies at banks and other mortgage lenders resulted in a LOT of bad mortgages that were pushed off onto fannie and freddie.   So the reason I say yes and no is that their existence allowed lenders to feel more comfortable giving out shiit loans during that time. 

Theres a reason lending practices were tightened so much in the years afterwards. 

[Frozenbeernuts 2,524]

3 hours ago, nobody said:

Making a surge, baby!  

When it reclaims 100k, the crypto bros might even be back in this thread.

I came in just to see what level you were at of "the crypto bros only come around when the sun is out." I have confirmed and logged the level.

[nobody 2,960]

I see one groundhog peeking out of his hole.