Credit Suisse sheds nearly 25%, key backer says no more money

Re:Credit Suisse sheds nearly 25%, key backer says no more m... by ren_engineer on Wednesday March 15, 2023 @09:54AM (#35168364)

don't worry, just buy your Federal Reserve CBDC and keep up your social credit score so they don't unperson you with no recourse.

End game is the Fed tracking everything you do financially via their digital currency, this is almost classic Hegelian dialectic where you now have a manufactured crisis to get people begging for CBDC

[ Parent | on HN ]

Re:Credit Suisse sheds nearly 25%, key backer says no more m... by jcadam on Wednesday March 15, 2023 @11:52AM (#35170210)

CBDC will be easier to implement if we can kill all these pesky small and medium sized banks...

[ Parent | on HN ]

Re:Credit Suisse sheds nearly 25%, key backer says no more m... by checkcircuits on Wednesday March 15, 2023 @06:28PM (#35175599)

If you paid attention the last week or so there have been a lot of accounts here promoting the fed bank as a solution.

You are correct and I agree with your assessment for what it's worth. Dozens of banks collapsing has two outcomes. Centralization into TBTF banks or a fed bank. Given the desire to manipulate currency further with CBDC I would suspect the modern money "theorists" in congress are salivating.

[ Parent | on HN ]