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"Price inflation is the highest it\u2019s been in decades. Labor participation is the lowest it\u2019s been in decades. Wealth inequality is continually going in the wrong direction since 1971 and has accelerated during the QE period. The\xa0 bond markets are more volatile now than they have been in decades, and\xa02022 was the worst year for stocks and bonds since 1920. The ballooning of the money supply and growth of the debt-based monetary system is not a left versus right phenomenon \u2014 at least in America \u2014 both sides have presided over the destruction of the dollar\u2019s purchasing power and the weakening of the banking system." \u2014 Brad Mills\n\nIf the entire banking system is insolvent, if the fictional reserve banking means none of our deposits really exist, and we are in the midst of a potentially global banking crisis still unfolding, what does it mean for the money we have in the bank? What does it mean for our access, and for its purchasing power? And of course, what role does Bitcoin play in all of this? Don't miss this incredible breakdown of what is happening to our deposits by Brad Mills. Starting with Part 1...\n\nFor the tons of extra data and sources to give the visual comparisons and tell the "story" of all this as it plays out, I highly encourage you to visit the link below to get a sense of what has been happening. Part 2 is coming soon, stay tuned:\nhttps://bitcoinmagazine.com/markets/the-banking-crisis-threatens-your-money\n\nBrad Mills on Nostr: npub1zjx3xe49u3njkyep4hcqxgth37r2ydc6f0d7nyfn72xlpv7n97ss73pvrl\nGuy's Nostr Pubkey:\xa0npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev\n\nDon't forget that Code BITCOINAUDIBLE gets 9% off the ColdCard!\xa0\u2060\u2060\u2060\u2060\u2060(\u2060\u2060\u2060\u2060\u2060\u2060\u2060\u2060\u2060\u2060https://bitcoinaudible.com/coldcard\u2060\u2060\u2060\u2060\u2060)\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.\xa0Lets be 50k Sat buddies by signing up!\xa0at\xa0(\u2060\u2060\u2060\u2060https://bitcoinaudible.com/fold\u2060\u2060\u2060\u2060)\n\u2022\xa0The Swan IRA\xa0is 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\xa0the best team of Bitcoiners\xa0out there with\xa0Swan Bitcoin. (\u2060\u2060\u2060\u2060https://swanbitcoin.com/guy\u2060\u2060\u2060\u2060)\n\n-------------------------------\n"When the whole world is running towards a cliff, he who is running in the opposite direction appears to have lost his mind." \u2014 C.S. Lewis\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message