What is Secessio Plebis and how does it relate to bitcoin? What can we learn from the Roman Plebeians? The banking crisis and economic breakdown of the worlds major economic powerhouses seems to be coming to a climax. What can YOU DO abut it? Maybe it’s time to begin your personal Secessio Plebis.

More bank news this week including major news breaking after the recording of this podcast. This could be the beginning of the Fed’s pivot from Quantitative Tightening to Quantitative Easing. With our current cocktail of high interest rates and high inflation this may prove disastrous tipping us firmly into recession if not worse.

News and Links

Background of Secessio Plebis

Analysis showing numerous US banks on the brink of collapse

Midsize banks asking for coverage of all deposits for two years

Credit Suisse Takeover by UBS

Banking Failures Overview

Coinbase Setting Up Exchange Outside of United States

EU Parliament Member Calls for Ban of Crypto

Argentina Hikes Interest Rate 300 basis points (3% ) After Inflation Breaks 100% Barrier

Fed Lending Money to Banks at Near Record Rate

Barney Frank Interview on Closure of Signature Bank

Moodys Downgrade of Six US Banks?

Bonus:

Feds Announce Coordinate Daily Dollar Swap Lines

Block Height at time of recording: 781,463

Transcript not available for this episode.