from Balaji | by Balaji

This is the clearest way to see what's happening. They've decided to monetize the debt. In the messiest way possible. By printing $150B+ for insolvent banks. To cover an orgy of bank runs. The dollar supply is now going vertical. And so is the demand for Bitcoin. #bitsignal t.co/KP27dS8f9r

They're finally admitting it's a banking crisis. That it was caused by Fed rate hikes, not tech.[1] That there are 100+ insolvent banks, not one.[2] That this is already beyond 2008 in key ways.[3] And that printing is going literally vertical.[4] This t.co/9voE044x94… t.co/KMsimMVS7Q t.co/HZ0cQyQqc5