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There is no magic wand. There is no such thing as a free lunch. When we bail out an institution, a bank, or "depositors" for billions of dollars, someone else LOSES billions of dollars worth of wealth. Their life got harder, their job got cut, the car they needed became less affordable, the house they hoped for their family stays out of reach, they PAID for it. Unfortunately, our government and central bank is either not mature enough to realize that magic is for children, or they are robbing from us knowingly and destroying the lives of the people on purpose, and simply don't care. Either way, there is no way back, our only option is a way out.\n\nToday we finally dive into the SVB insolvency and the wider banking crisis. An episode that turned quickly from a meticulous set of notes into an hour long rant that basically ignored all of them. Enjoy\n\nAllen Farrington's npub: npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt\nGuy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev\n\nMy Twitter Post:\xa0https://twitter.com/TheGuySwann/status/1634954336739491843?s=20\nLiberty Lockdown with Greg Foss: https://open.spotify.com/episode/4Z4jfPlKburchKlNESbinJ?si=a35f5034c6144383\nBrad Mills tweet thread:\xa0https://twitter.com/bradmillscan/status/1637182219943919618?s=20\nCaitlyn Long WBD:\xa0https://open.spotify.com/episode/2ZA0BGuUwZFoBRhXLSJetL?si=b2bf4e2e38d749b4\n\nDon't forget to check out our amazing sponsors:\n\u2022 Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold)\n\u2022 The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy)\n\u2022 Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard)\n\n-------------------------------\n"The most egregious falsehood regarding economic health that is nonetheless widely believed is surely that we ought to measure it by the magnitude of goods and services consumed. This is dangerous nonsense.\u201d \u2013 Allen Farrington, Sacha Meyers\nLearn more about your ad choices. Visit megaphone.fm/adchoices\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message