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Nov 16, 2022
FTX Created Money Out of Thin Air Like the Federal Reserve – NYSE Crash Will be Next After U.S. Banks Fail
FTX Created Money Out of Thin Air Like the Federal Reserve – NYSE Crash Will be Next After U.S. Banks Fail
Pam Martens of Wall Street On Parade exposed in her column today how the FTX crypto exchange, which is now bankrupt because too many people tried to withdraw their funds at the same time exposing how it was all a big Ponzi scheme, operated the same way as the Federal Reserve does in printing money out of thin air. What does this mean? It means that U.S. banks are just as guilty in running a fraudulent Ponzi scheme as FTX, and that we are just one bank run away where too many people try to withdraw their funds all at the same time where the entire U.S. financial system will collapse. FTX Was Creating Money Out of Thin Air Like the Fed; and Trading Its Own "Stock" Like the Wall Street Mega Banks in their Dark PoolsIf one looks very closely at the structure of FTX, the collapsed crypto exchange now in bankruptcy and causing everything it touched to teeter, it was actually using a technique of the U.S. central bank - the Fed - to creat
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