Si bien ha terminado la batalla, todavía hay que hacer threads para reclamar algunas misiones, además, el tag #spanish se ve tan bien allí arriba que no quisiera que bajara jeje.
Apenas voy regresando de casa de mis papás, allá no me pude conectar a la PC y tampoco me dio tiempo de meterme a #threads desde mi celular poque tuvimos visitas. Felis de cer más de 1,100 threads con #spanish.
bank needs to buy up LEO to pay out others who are delegating hive to leo.voter among other things. It buys it from hive engine, binance, polygon and ethereum from what I understand.
When the ad revenue goes live, it will really help out. That will cause a great deal of buy demand and should help push the price higher. Of course, to do that, requires ad revenue.
2/10 I've always been big on DeFi, but after observing and participating in a few farming endeavors on Arbitrum, it seems that our order books have become thin.
A troubling sign for what should be a highly liquid network. 📖
3/10 On the Hive dexes, the same pattern is emerging. The buy and sell sides are slowly diminishing while choppy market conditions enrich CEX owners, and no one else. A stark contrast from its once thriving marketplace.
4/10 Almost a year ago, I went on the @cryptomaniacspod podcast and explained why I expected a few centralized exchanges to collapse in the coming months. The collapse of FTX seems to have kick-started this process.
5/10 But we aren't even halfway through this cleansing process. I believe that the market will start drifting into silence more and more until we realize that everyone is actually gone, chasing the next shiny thing.
6/10 Alas, there is hope at the end of the tunnel. I believe that we are just entering the Bear of all Bears, but at the end of that journey, the Bull of all Bulls should be waiting. 🐂
7/10 While many are predicting a doom scenario for the world, I believe in a brighter future. As we wash out parasites from the crypto ecosystem, coincidentally, AI will reach maturity, paving the way for a digital renaissance. 🎭
8/10 Society has suppressed creativity for far too long. As soon as creative people get their hands on tools that don't require them to climb a corporate ladder just to create art and entertainment, that's when the real party will start.
9/10 At that moment, crypto will emerge once again as a useful tool for validating ownership and turning ideas into liquid assets that will bring about an age of abundance.
10/10 For now, I will stay on the sidelines until my thesis is either proven right or wrong. Because in the meantime, I have much more important work in the real world.
IRL farms are harder to maintain than blockchain ones ;)
Your delegation is hyper productive now. Not only rewarding community members with upvotes but also increasing the amount of $LEO bought on the market each day
We should market the @leo.voter delegations more!!
Still out here in bronze some how. I can't get my butt into silver yet. It's rough out here. Almost makes me not want to play and just rent it all out now.
A question for everyone- How do you find long form content on Leofinance UI? Do you go through the explore page or go directly to accounts you follow? #question
That is true. Need to consistently create content. Also need to focus upon a specific niche or topic that you want to be known for. So what is your expertise? Why should people listen to you? that is what you have to decide.
I feel that it's bad and I prefer the old way a lot more. I would rather have it all chronologically ordered and I feel that there are gaps between the posts. As in, sometimes, the time range changes suddently
That leaves a lot to be desired and I will go back to checking the latest. Respond to what I can, then go to specific people or my feed to find the rest.
Wow, that was good information! I'm clueless, hehehe, I had to ask @jongolsion yesterday what are "mission" cuz wrote a thread about missions. Thanks for sharing. #ctp
Be one of the first ( best is #1) who makes any comment under BOOM banner, when it appears on threads. (it comes twice a day)
Read my older posts under TAG #boom1me
#gmfrens!! Are you all ready for the week? How was your weekend? For me, sunny and easy, been able to rest a bit, which is a very good thing ;-) #threads
Well if not really in their power to stop it, then hard to fully put all on them. They dont have as much power as people think and they are truly clueless about how things work.
The skyrocketing of interest rates was foolish though.
Fed economists have the same kind of education, & they follow the same paradigm: Keynesianism. He was so focused on numbers as tools of control that he forgot that all people can do is observe & learn. He wanted to control what couldn't be.
Well they are throwing darts at a board because they honestly have no idea what is wrong. That is where central banks dont do money comes from. They really do not understand how it works. The chair gets a lot of input from economists.
And yet they are in charge. Frightening to think that those who are tasked to solve economic problems are clueless about them and yet they are paid from the public coffers. In the private sector, they should be fired.
1/ It is a hybrid. The profits are paid to the govt, after expenses and a 6% dividend to the share holders (which is the member banks). The chair and vice chair are nominated by the President and approved by the Senate.
2/ The fed presidents of each bank are voted upon by the shareholders in each. The thing is the Fed board is like a housing committee, it is just a group of people. The ownership is actually in the 12 federal reserve banks.
Bernanke presented himself as an expert on The Great Depression; corporate media ran with it. Sadly, it seems he learned the wrong lessons. There are reasons TGD lasted as long as it did. He should have studied the period 1913-1928 instead.
True. That is where all the juice was. Actually the Great Dep was typical overhang of excess debt (WW1). The fact the Fed dropped the ball only added to the miserly. Classic deflationary spiral.
The #fed also started buying treasuries during the war, something that moved it from "real bills" which was the original premise put together by people like Henry Parker Hills. This caused the gov't to have a piggy bank to...
The Fed came into being in 1913. As early as 1920s (maybe earlier) it moved away from its core mission & N2 setting interest rates & buying securities. The Fed was supposedly created to stop panics; they increased in frequency & magnitude.
I am not quite familiar with the banking sector issue over there, but in Nigeria; most banks are facing a major cybersecurity crisis as some of the tools they use on their system are outdated, and FBI already warned about its usage in 2020
We arent dealing with that in the US (at least that we know of). However, we are looking at mass consolidation as the smaller banks have the combo of underwater commercial real estate loans and bonds that cant get loans on.
It means they cannot get access to loans since their assets are not liquid and there is no market for them. Hence it carries a lower price if anyone will give money at all.
It is like going for a loan on a house and it was worth half of what you thought it was. Either you are not getting the loan or have to accept a lot less money.
There are those who are OG and you know you can trust, wise, proud and strong (and a little old). This is my wise lion drawing for #Leofinance challenge!
you need the rest, you have put in a lot of work in ensuring the success of the Threadathon.. when should we expect the final list or has it been dropped?
over time,lot of individuals have being thinking of what to attributes their success in life to , but after some little review I got to understand, time and effort is important
Their is always the place of time on all we are doing, people tend to think that doing everything that comes their way will bring success, no, their are things are time shouldn't be wasted upon at all.
It's very important that you know that effort too requires planing and it's said that "if you're not planning not to fail3,it means you are planning to fail ".
Which means how and what your energy is channel upon too is very important
4/🧵
Today I will charge you by saying be a person full of purpose, understand that not everything needs your time and effort, so make more reviews and channel those energy to the right set it activities.
Time is one of the most important elements of success that eludes most people that failed. When I think of time, I think of patience. No legacies where built overnight. You have to work for it and be patient, which many lack.
#success
Hello friends , welcome to a brand new day. This week promised to be so fruitful for all only if we give it our best. In this threadstorm am going to share with you some of my goals for the week
Today is Monday, I am going to answer all daily quest, make replies to other authors threads. I will also do some drawing for artists quest. I will try and make one long content on LeoFinance community
2/📌
That's awesome and indeed a very good way to kick start your day, even though Mondays Seems to be a busy day, good to see how you have stretch out your plans for the day mate.
Tuesday, I will also claim the daily quest and prepare for field service. I will come back by noon so that I will prepare lunch for students. From 5pm, I will come back to hive till 10:pm
3/📌
Wednesday morning, I will do same on zealy and by 9:am, I will be in the office to attend to clients. After that it will be me and hive again, ththreads and post. God's willing, I will have more time for hive that day
4/📌
We have 20 days left for the adoption campaign so Thursday is still for it. I was so busy last week that I didn't do much. I want to see how I will meet upup wi some quest. Am backwards on threads. Hope to increase it this week
5/📌
Then Friday is my weekly seminar. I will claim the daily quest very early and prepare for seminar. After seminar, I will do a little . I know I will be tired so I will go tto be so that I will have strength to continue
It great to work with goals each week. One thing I like about goals is that it gives you a sense of direction. You have something to live for, something to pursue. It does not allow for random efforts. I wish you the best in your #goals.
Word For The Day "Find a Way"
Si bien ha terminado la batalla, todavía hay que hacer threads para reclamar algunas misiones, además, el tag #spanish se ve tan bien allí arriba que no quisiera que bajara jeje.
Tumbar eso de ahí les va a costar trabajo mi pana 😂
Lo hicimos increíble. Todo se sincronizó.
Almorzó por fin? 😂
hahaha si almorcé como a las 4 de la tarde, cené temprano al menos. #spanish
¿Cómo puedo ver cuantos #threads he hecho en general desde que inicie?, no quiero seguir contándolos uno a uno, ja, ja, ja, ja.
#spanish #help
Yo también quiero saber eso, supongo que pronto lo añadirán a la interfaz.
#spanish
por acá el listado, se actualiza todos los dias
https://docs.google.com/spreadsheets/d/1Qbt_lbeyfSn-Bn3cPHjIpDMrbUcRtAaBPJVkj-YfqnU/edit#gid=0
Qué paliza dimos hoy, #spanish 🥳.
Oye! Acabo de llegar a la casa y veo que hiciste todo lo que quisiste! Ño, me perdí el cenit de la etiqueta #spanish
Ahh pero no fui el único, esto se descontroló el día de hoy 😂.
Ya vi el ranking de la batalla de fin de semana, qué locura formaron la gente de #spanish
@tsunsica y @andrewmusic
Y yo ausente a la fiesta jajajaj
Andrew encima de cumpleaños, se soltó a lanzar threads y por poco revienta el contador. Tremenda estrategia
Un crack! jajaj
Celebrar su cumpleaños por Leothreads
@andrewmusic feliz cumpleaños pana!!! Llegué tarde pero bueno mejor tarde que nunca 🥳🎉🪅🪩
¡Estuvo genial! Estoy sorprendido por todo lo que se logró hoy con #spanish.
Y literal somos como 10 gatos acá dándole duro... si se unen más ese contador explota 🤯.
#spanish is still trending on top.. Great going guys
#threads
Y entonces? Ya se agotaron o todavia les queda cuerda?😂
#spanish
jajajaja todavía queda #spanish
Apenas voy regresando de casa de mis papás, allá no me pude conectar a la PC y tampoco me dio tiempo de meterme a #threads desde mi celular poque tuvimos visitas. Felis de cer más de 1,100 threads con #spanish.
Yo por hoy me lo tomo mas suave. Pero mañana de nuevo jeje #spanish
#gmfrens lista para seguir acumulando hilitos?! 😂😜
Si, ahora tengo que llegar a los 2000 y tu a los 1000 asi que vamos allá #spanish
Something is going on here and I like it.
$LEO
Roughly 10k $LEO needs to get bought from the market every single day to pay @leo.bounties @leo.voter delegators!
Right now, only ~5k LEO is minted each day for all post/curation rewards
Wen ad revenue gets turned on, 🚀
That's what we are looking forward to :D
Moon days ahead. I have still bookmarked your prediction of 1 LEO=1 HIVE by Dec 2023.
bank needs to buy up LEO to pay out others who are delegating hive to leo.voter among other things. It buys it from hive engine, binance, polygon and ethereum from what I understand.
Yes, it seems accurate. Hope the LeoAds protocol will do the same thing :D
Gotta love buy demand being put forth automatically each day.
That's right. Hope to see more of it.
When the ad revenue goes live, it will really help out. That will cause a great deal of buy demand and should help push the price higher. Of course, to do that, requires ad revenue.
LONG TIME AGO
@taskmaster4450le - a I had hair. Where is your #flashback photo? Check out the old time Miller Beer bottle. That's not a booger lol.
Time sure flies! But you still look the same, plus or minus the hair.
Happy Monday @silversaver888 thank you 😁
Haha, how good!! :)
Long Ago, but fond memories are the best Dane.
Happy Monday! @forexbrokr
Oh wow. Looks vintage :P
Happy Monday!So vintage @rmsadkri back in Brooklyn I was probably about 15 in the 70's.
The Brooklyn vibe :) Happy Monday.
oh dang calling out task lol
LOL long time ago
As they say, youth is wasted on the young.
Good Old Days @taskmaster4450le
Wow! Nice to see this look.
Very much back in the day.
Thank YOU @globetrottergcc
!CTP
And in honor of the weekend that was...I needed about 750 $LEO to have 50k....
Done! I have 5k delegated for the LPUD winner, but that's 50k total :)
Great job. You set a goal and make it. You now how the title.
So what is next?
150k obviously lol
I want that APEX Lion title next lol
Amazing you actually know the names of this stuff.
Hell I might be an APEX lion on two accounts.
Amazing. What is your rank now? Are you a big Lion? :P
Technically, should be leader of the pack. But because I have that 5k delegated for LPUD, it's only showing 45k
oh okay. A huge milestone.
congrats to the winners of the LPUD once more.. I will be a winner also soon. Thanks for the delegation
For sure, my pleasure!
nice to have people like you on the platform
And of course, because of the 5k delegated.....It doesn't show my 50k staked lol Ahhh well.
lol same that 5k is a decent chunk but I'm all for helping others out as things like that are going to have benefits rolling forward.
Yeah man, just gives me another 5k to try to stake lol
Congrats on achieving another milestone.
1/10 🧵A few words about #crypto and the whole industry before I go back on hiatus.
There's a lot of hope and euphoria in the air, but price action and market liquidity suggest otherwise. 🎈
interesting thread. I’ve been having this feeling as well. I loved the point in thread “8” in the most. I hope we get it right.
You can bet your ass that we will
2/10 I've always been big on DeFi, but after observing and participating in a few farming endeavors on Arbitrum, it seems that our order books have become thin.
A troubling sign for what should be a highly liquid network. 📖
3/10 On the Hive dexes, the same pattern is emerging. The buy and sell sides are slowly diminishing while choppy market conditions enrich CEX owners, and no one else. A stark contrast from its once thriving marketplace.
4/10 Almost a year ago, I went on the @cryptomaniacspod podcast and explained why I expected a few centralized exchanges to collapse in the coming months. The collapse of FTX seems to have kick-started this process.
5/10 But we aren't even halfway through this cleansing process. I believe that the market will start drifting into silence more and more until we realize that everyone is actually gone, chasing the next shiny thing.
6/10 Alas, there is hope at the end of the tunnel. I believe that we are just entering the Bear of all Bears, but at the end of that journey, the Bull of all Bulls should be waiting. 🐂
7/10 While many are predicting a doom scenario for the world, I believe in a brighter future. As we wash out parasites from the crypto ecosystem, coincidentally, AI will reach maturity, paving the way for a digital renaissance. 🎭
8/10 Society has suppressed creativity for far too long. As soon as creative people get their hands on tools that don't require them to climb a corporate ladder just to create art and entertainment, that's when the real party will start.
9/10 At that moment, crypto will emerge once again as a useful tool for validating ownership and turning ideas into liquid assets that will bring about an age of abundance.
10/10 For now, I will stay on the sidelines until my thesis is either proven right or wrong. Because in the meantime, I have much more important work in the real world.
IRL farms are harder to maintain than blockchain ones ;)
Where you going
To build the best organic farm the world has ever seen using the money I made trading magic internet coins.
DCrops? Lol
Be kind to others because you don't know know who you will relied on tomorrow. The world needs love.
That is very true. It does. A lot of anger in the world.
Humans are stratified with various yardsticks. Love is highly needed.
What is this account that appears on the "curated" tab? A bug?
#feedback
It is an account that I guess curates the Leofinance holding. At this point, it looks like a holding spot for the site.
I was wondering because it looks like it's already an inactive account and this is the only one that showed up in this menu.
The writing is on the wall people. #LeoFinance is the next big thing.
Watch out for greatness
What wall are you reading?
Seriously what makes you post that? What barometer are you using?
Undoubtedly. Leofinance will first create performance anxiety for other dApps in Hive and then it will create headlines in the cryptosphere
Okay. I believe you if you say so.
I'm hyped about this $LEO
It might be time for an ad revenue post.
This is something to explain in an article so all are aware of it.
the next post about ad revenue will be about it all getting hooked up
Soon ™️
Soon soon soon.
By the way, did we break much this weekend?
Is that the account that buys $LEO to pay for the $HIVE delegators?
yep that’s the one!
Interesting. I did not pay attention to that.
pushing a 85k hive delegation at the moment 💪
dayum ser, great work!
Your delegation is hyper productive now. Not only rewarding community members with upvotes but also increasing the amount of $LEO bought on the market each day
We should market the @leo.voter delegations more!!
Is this just all leo.voter revenue from HIVE rewards?
Or ad revenue?
If it's all just HIVE rewards, do you ever see the Hive elite getting pissed off and trying to counter its votes?
… actively increasing the value of $HIVE by bringing users into the ecosystem
Also, ad revenue will actually cause us to go out and buy Hive to buy LEO.
There’s more $$ & users flowing in thanks to LEO, so they’d be hurting themselves
You're preaching to the converted here ;)
Great work bringing everything together!
it’s not as revenue, that will be handled by a separate account @leoads when the smart contract gets deployed
I’m not sure. I could see some of the old guard who don’t like LEO trying to put up a fight
But that’s dumb. We’re….1/2
Looks amazing
Still out here in bronze some how. I can't get my butt into silver yet. It's rough out here. Almost makes me not want to play and just rent it all out now.
A question for everyone- How do you find long form content on Leofinance UI? Do you go through the explore page or go directly to accounts you follow? #question
i have hardly consumed long-form content in the past two weeks. I think that would be the case until the campaign ends for me.
ah okay. Do you see long form content while you browse the UI? The structure is so that threads come first and that's where we interact.
I mostly have gone directly to the persons profile and looked at their blog.
Interesting. That means it is extremely important to create a personal brand. Otherwise no one will care what you write.
I would agree with that. Brand on Leo/Hive is crucial. I dont think people get the potential that exists there.
I am not sure how to create my brand. First, I need to start creating regular content let alone brand :P
That is true. Need to consistently create content. Also need to focus upon a specific niche or topic that you want to be known for. So what is your expertise? Why should people listen to you? that is what you have to decide.
I do not have any expertise other than the work I do which is policy. I may need to identify topics I like to talk about and stick with it.
i do not attempt it, i go through other frontend
Okay. That's a nice work around. Wonder how the team is aiming to give that long form content visibility to people.
they are still working on it.. lets wait and see what they would come up with. i am betting that it will be jaw dropping
I hope so.
I feel that it's bad and I prefer the old way a lot more. I would rather have it all chronologically ordered and I feel that there are gaps between the posts. As in, sometimes, the time range changes suddently
That leaves a lot to be desired and I will go back to checking the latest. Respond to what I can, then go to specific people or my feed to find the rest.
Now we just need the main stats updated
Relax you made it 😅😅😅
Never happy.
This demolishing of the Celtics is mind blowing. WOW. #nba #sports
Things you love to see!!!
lmao - I'm sure you are elated @jongolson
Dota2 then work. let's have a productive day, but after 1 game.
Sounds like a plan! First things first.
I'm more productive btw haha really is a good plan
Ah love Dota but haven't played for so many years.
How good are you
Happy Monday!
#gmfrens #aliveandthriving #liotes #threads24/7
GM to you too and thank you for using the #gmfrens tag on Threads.
GM tokens are distributed manually every Sunday for the prior week. For more information or to OPT OUT of comments visit @gmfrens.
Beautiful shot.
Have a great Monday.
You too
@jongolsion made an awesome post about how you can get more ctp tokens. #ctp https://peakd.com/hive-119826/@ctptalk/heres-a-few-ways-to-earn-some-ctp-tokens
Thanks for adding the #ctp tag Barb, sending you some CTPM!
You're most welcome Jon! It's a win win situation that is awesome. Thank you @jongolson 😊 !BBH !CTP
Wow, that was good information! I'm clueless, hehehe, I had to ask @jongolsion yesterday what are "mission" cuz wrote a thread about missions. Thanks for sharing. #ctp
Hi @silversaver888 I'm glad I could help you. Sometimes things are hard to absorb when we read. You're most welcome about the #ctp !BBH !CTP
Eating lunch while playing Splinterlands and threading. Is anyone here in a similar situation? 🤣😂
#boom1me posts a post, booms an upvote!
Love the idea!
Might utilise it for #slothbuzz! See which ones are more buzz and less sloth...
We need more Leo power! Need to get a buzz on with that to make our Thread votes worthy!
#zapfic
#GHAWG #ghawg
If somebody was quicker than you ( in #boom1me game) don't panic. Up to 5th place counts.
5-th comment still gets 100:5= 20% upvote.
This is huge, I hope I got visited with the boom 💥💥💥 too.
Oh the Boom is back!
Oh, that's really awesome.
But what exactly do I have to do?
Be one of the first ( best is #1) who makes any comment under BOOM banner, when it appears on threads. (it comes twice a day)
Read my older posts under TAG #boom1me
I see, so that banner for the day has not come yet right(I mean today)?
The first was abt 1 hour ago, the second for today is still due, sometime later
That means I still have one more chance. Thank you. It's an interesting start to the week.
This bis interesting. I will like to know what the boom
It's interesting to see people reply to this but not to the boom thread.
Yes, indeed. Spots 3, 4 and 5 are still vacant. :)
Even the 5th spot is not bad, 20% vote, at least 3.5 LEO reward for the threader.
Yeah, it is
Good morning. I just came here to say this. I am getting outside. Hehe. Talk to all of you later.
#gmfrens
Ummm... okay! Talk to you later, and have a great day!!!
You've inspired me to go for a walk outside too.
Cheers :)
Hehe. It's my pleasure.. hava a good walk.
You too :)
GM to you too and thank you for using the #gmfrens tag on Threads.
GM tokens are distributed manually every Sunday for the prior week. For more information or to OPT OUT of comments visit @gmfrens.
Good morning. Have a great day.
We need the crypto bros on social media to pump our $LEO and $HIVE bags so that we can all be rich!
This week, I will do everything I can on Twitter to call them out for being hypocrites!!
Gotta shill em hard.
Always lol
Its about time. I’m with you
Yeah man, it's coming!
Hehehe... I want to be rich in my little way too.
It'll happen for all of us, I'm sure of it!
Did you say rich? I want to be rich... hehehe!
Absolutely! Hive and LEO will make it happen!
Hope you have some liquidity because that powered up stuff takes a while to access
Yeah man, we have a stash. Nothing huge, but it'd be nice to see a little bump in the next few weeks!
Let me buy it first the huge chunk of $LEO
Oh! Interesting HIVE touched again that $0.359.
what is BTC price btw
$BTC
where is market heading
BTC price action has reached a stalemate.
me waiting for #boom1me offer! Some big votes spree!
#gmfrens!! Are you all ready for the week? How was your weekend? For me, sunny and easy, been able to rest a bit, which is a very good thing ;-) #threads
I don't know if I am ready. It's late at night and I am bit tired from the entire weekend battles. I hope you have a nice day.
Day was Nice indeed! Now up for the rest of the week ;-)
Hope you recover well and soon!
GM 💚😵
Crush the week.
You got this :)
Going all in for it!!! ;-)
GM to you too and thank you for using the #gmfrens tag on Threads.
GM tokens are distributed manually every Sunday for the prior week. For more information or to OPT OUT of comments visit @gmfrens.
Think about what they blamed regarding the banks:
They keep adding to the list yet we still have failures and now we got Yellen telling us mergers will take place.
I blame The Fed, just because no one else will.
Cosmic rays are a good fallback for placing blame, too.
Well if not really in their power to stop it, then hard to fully put all on them. They dont have as much power as people think and they are truly clueless about how things work.
The skyrocketing of interest rates was foolish though.
Fed economists have the same kind of education, & they follow the same paradigm: Keynesianism. He was so focused on numbers as tools of control that he forgot that all people can do is observe & learn. He wanted to control what couldn't be.
He is running the Phillip's curve which was debunked in the 1970s. That was the main problem.
The #fed didnt cause the inflation. Supply chain issues did. Hence the Fed wasnt going to fix it...just break shit.
Supply chain issues existed in 2020, but there weren't as exacerbated or as protracted as they've been since the middle of 2021.
Supply chain issues aggravated inflation, they couldn't cause inflation. Excess $$ came from The Fed.
The culprit is looking for scapegoats. 🤣😂
Well they are throwing darts at a board because they honestly have no idea what is wrong. That is where central banks dont do money comes from. They really do not understand how it works. The chair gets a lot of input from economists.
And yet they are in charge. Frightening to think that those who are tasked to solve economic problems are clueless about them and yet they are paid from the public coffers. In the private sector, they should be fired.
The Fed is not a public entity. It is owned by the commercial banks.
This shows how little people understand about the Fed and how it operates.
So the Fed officials are not paid by taxes.
Someone says it is a hybrid. It has the appearance of a government entity, hence the reason for the name "federal" and yet owned by private entities.
1/ It is a hybrid. The profits are paid to the govt, after expenses and a 6% dividend to the share holders (which is the member banks). The chair and vice chair are nominated by the President and approved by the Senate.
2/ The fed presidents of each bank are voted upon by the shareholders in each. The thing is the Fed board is like a housing committee, it is just a group of people. The ownership is actually in the 12 federal reserve banks.
3/ Think of it as a homeownes association version home ownership. The Fed is the association and the 12 regional banks are the home ownership.
The banking problem did not get fixed. Do not believe for a second the #fed or #treasury has any idea how to fix this.
I learned my lesson in 2008. Since then, I never believe The Fed.
One of the few. Many take the Fed's word as gospel, believing the nonsense they are in control.
You are right, Bernanke had some major blunders back then. They were claiming all was well going into Lehman.
Bernanke presented himself as an expert on The Great Depression; corporate media ran with it. Sadly, it seems he learned the wrong lessons. There are reasons TGD lasted as long as it did. He should have studied the period 1913-1928 instead.
True. That is where all the juice was. Actually the Great Dep was typical overhang of excess debt (WW1). The fact the Fed dropped the ball only added to the miserly. Classic deflationary spiral.
The #fed also started buying treasuries during the war, something that moved it from "real bills" which was the original premise put together by people like Henry Parker Hills. This caused the gov't to have a piggy bank to...
The Fed came into being in 1913. As early as 1920s (maybe earlier) it moved away from its core mission & N2 setting interest rates & buying securities. The Fed was supposedly created to stop panics; they increased in frequency & magnitude.
...siphon from the private sector. When the buying died down, banks turned to private lending at the same rate. Oops.
Listen to Task 👂👈
Or dont. Most people disagree with me. Of course, most having delved into it like I have so there is that.
I am not quite familiar with the banking sector issue over there, but in Nigeria; most banks are facing a major cybersecurity crisis as some of the tools they use on their system are outdated, and FBI already warned about its usage in 2020
We arent dealing with that in the US (at least that we know of). However, we are looking at mass consolidation as the smaller banks have the combo of underwater commercial real estate loans and bonds that cant get loans on.
So that means they are operating with money they do not own and still dealing with real estates with loans
It means they cannot get access to loans since their assets are not liquid and there is no market for them. Hence it carries a lower price if anyone will give money at all.
It is like going for a loan on a house and it was worth half of what you thought it was. Either you are not getting the loan or have to accept a lot less money.
But they are almighty. 🤣😂
Amazing that anyone listens to these clowns.
That's really sad.
gmfrens.I got another long form post out Crypto Writer for the Zealy Campaign All about BBH for those that have been asking for details.
Les dejo un hermoso brazalete elaborado por mili2801, en la técnica miyuki. No pueden dejar de ver en #hive #diy #gosh https://peakd.com/hive-189504/@mili2801/or-pulsera-de-tematica-yin-yang-realizada-con-mostacillas-y-tecnica-miyuki
There are those who are OG and you know you can trust, wise, proud and strong (and a little old). This is my wise lion drawing for #Leofinance challenge!
https://leofinance.io/posts/underlock/ancient-lion-leofinance
#hive #gosh #hivebr
The old, wise Lion! It is worth the slow process and the days and difficulty.. the result incredible !!! #gosh
These are thoughtful present that can come only from someone who cares about the things that matter to me.
#gosh #gmfrens #ladiesofhive #silvergoldstackers https://ecency.com/hive-167922/@silversaver888/share-your-coin-challenge-community
Happy Bitcoin pizza day 🎉
Happy crypto take of day 🎉
Many thanks to Laszlo Hanyecz, the guy who gave Bitcoin a start of.
#cryoto #hive #gosh #leo
wow, happy bitcoin day to you also
planning on getting or making a pizza?
Don't forget my share IMHO
Which milk do you like?
#polls #aliveandthriving #liotes #threads247 #threadathon #threads
I like whale's milk
Who doesn't :)
Anyone claimed Zealy Weekend Battle XP. Are they accepting the claim now?
I have not claim yet
Okay. Is the last updated weekend battel sheet the final sheet? Any idea?
I also claimed and waiting for the result of the review.
Well, I submitted profile link and it is in pending.
Okay.
I’ve not claimed mine yet but am sure some people have started claiming. Will do that later on. But I hope you’ve checked the final list ?
Curation 2.0
Drop your best gems, we'll curate accordingly.
Check the article below before submitting your post
#leocuration
Check out this article before submitting your
link does not work
Fixed!
Here is my 4th post for the month....
https://leofinance.io/posts/princessbusayo/some-bad-money-habits-to-take-note-of-
Thank you.
test
test
https://peakd.com/hive-167922/@spinvest/the-weekly-bitcoin-guessing-game-rv1ukk #outreach #leocuration
sorry for the "spam", but I couldn't reply to your threads until today. Here is my entry:
https://leofinance.io/posts/tobetada/metamask-will-collect-your-taxes
A look at what's happened in DeFi & the value aspect...
https://leofinance.io/posts/sapphirecrypto/the-challenging-world-of-defi-where-does-value-truly-lie
https://peakd.com/hive-167922/@muratkbesiroglu/sell-in-may-and-go-away
Last day submit this challenge
https://peakd.com/hive-13323/@splinterlands/battlemagesecrets-may-18-2023 #gosh #splinterlands #alive #aliveandthriving #ctp #liotes #
Mono Monday some recent shots in Buttonwood Park #hive #photography #mono #singingwithlight #POSH #GOSH https://peakd.com/hive-194913/@tattoodjay/mono-monday-some-recent-shots-in-buttonwood-park
Are you interested in long form post? These are interesting topics for you. @karbea shared them. #gosh #hive #threads247 https://ecency.com/hive-168869/@karbea/weekend-engagement-writing-topics-week-635e3d763c125
EU fines Meta for €1.2 billion over data transfer to the US
Well I don't like Facebook. They do shady things but refuse to accept my ads. They can get all the smoke in the world
yeap the biggest paid spy
o0o00o0o0o0o0o a hefty little price, amazing how much money there is floating around!
yeap and it’s not like it will be hard to pay Facebook has more than 30 billion as reserves
All that from data farming
Shit happens. !LOLZ
lolztoken.com
One. It's a trick question.
Credit: reddit
$LOLZ
(1/6)
PLAY & EARN $DOOM
@steemychicken1, I sent you an on behalf of @emaxisonlineI am extremely tired tonight. I’m even considering not waking up at 5am tomorrow, sleeping a good ten hours and letting my body recover.
It’s 8pm and I’m already in bed ready to hit the sack.
honestly if your body needs it and is asking for it do it. There's a reason.
He has stressed himself a lot, his body need this rest
you need the rest, you have put in a lot of work in ensuring the success of the Threadathon.. when should we expect the final list or has it been dropped?
We all need a restful rest, especially our body, which is losing energy and needs to recover in order to have a productive day.
Take that nice break without doubts.
Ten el merecido descanso, yo haré lo mismo.
Gracias por poner solo una tarea diaria para mañana 😉.
You really need to rest,it's very important so your body can function well again after all the stress.
Enjoy your good night sleep.
Que logres descansar 👍🏻
Get some rest. The weekend battles tired a lot of us out.
That's really good decision. Without proper sleep, you will suffer cognitively, not healthy for a geek either. Take rest.
https://peakd.com/hive-194913/@daveks/valley-view #gosh #colourblackandwhite #photography #canada
Finally, some colour in the timeline. Blue and Green.
Time and effort,the to engine of success
over time,lot of individuals have being thinking of what to attributes their success in life to , but after some little review I got to understand, time and effort is important
#threadstorm 1/🧵
Their is always the place of time on all we are doing, people tend to think that doing everything that comes their way will bring success, no, their are things are time shouldn't be wasted upon at all.
3/🧵
Success always is pivoted to the constancy of purpose. Together with time management and effort, we can achieve our goal.
Success to me doesn't come without one doing nothing or without one understanding when they need to start or stop
2/🧵
It's very important that you know that effort too requires planing and it's said that "if you're not planning not to fail3,it means you are planning to fail ".
Which means how and what your energy is channel upon too is very important
4/🧵
Today I will charge you by saying be a person full of purpose, understand that not everything needs your time and effort, so make more reviews and channel those energy to the right set it activities.
#mf
Time is one of the most important elements of success that eludes most people that failed. When I think of time, I think of patience. No legacies where built overnight. You have to work for it and be patient, which many lack.
#success
Hello friends , welcome to a brand new day. This week promised to be so fruitful for all only if we give it our best. In this threadstorm am going to share with you some of my goals for the week
1/📌 #threadstorm
Today is Monday, I am going to answer all daily quest, make replies to other authors threads. I will also do some drawing for artists quest. I will try and make one long content on LeoFinance community
2/📌
That's awesome and indeed a very good way to kick start your day, even though Mondays Seems to be a busy day, good to see how you have stretch out your plans for the day mate.
Which of the drawing are you planning to do. I’ve been able to do 2 and now am on the third one.
By 4:pm I will prepare for our theocratic meeting. When I come back from meeting, I will thread a little and go to bed
3/📌
Tuesday, I will also claim the daily quest and prepare for field service. I will come back by noon so that I will prepare lunch for students. From 5pm, I will come back to hive till 10:pm
3/📌
Wednesday morning, I will do same on zealy and by 9:am, I will be in the office to attend to clients. After that it will be me and hive again, ththreads and post. God's willing, I will have more time for hive that day
4/📌
We have 20 days left for the adoption campaign so Thursday is still for it. I was so busy last week that I didn't do much. I want to see how I will meet upup wi some quest. Am backwards on threads. Hope to increase it this week
5/📌
Then Friday is my weekly seminar. I will claim the daily quest very early and prepare for seminar. After seminar, I will do a little . I know I will be tired so I will go tto be so that I will have strength to continue
6/📌 #threadstorm
You seem to have it all figured out. I wish you all the best this week
It great to work with goals each week. One thing I like about goals is that it gives you a sense of direction. You have something to live for, something to pursue. It does not allow for random efforts. I wish you the best in your #goals.
I am so impressed that you have your whole week planned out. People can learn from you. This is how it is done people. Pay attention to @ijelady.
I don't know how things are going on with you. But lately, with each passing day, more and more I'm finding that this is the naked truth.
https://peakd.com/thoughts/@por500bolos/sunday-musings-defoliating-daisies-here-next-to-the-crypt