" This crisis is being engineered, people. The collapse of thousands of regional banks will give them the justification necessary to impose a dramatically new system. Conveniently the FedNow framework went live in July & has been quietly waiting on the sidelines. Bank for International Settlements (BIS) 26 June 2023 https://www.bis.org/publ/arpdf/ar2023e3.htm Central banks are about to blame their policy error on an inability to properly monitor the economy under the current system, citing a need for a CBDC where $ flows can be analyzed. The inflation, crash & subsequent frozen banking system will be tied to the "antiquated network." To implement a CBDC the Treasury & Fed must consolidate 4000 institutions into JPMorgan & big 5. The public will never support this without a crisis The Fed's BTFP + OCE interventions are the only thing preventing a regional banking crisis. They'll pull the rug & play the savior " " We are currently witnessing the 3 rd largest drawdown in long duration treasuries in the history of the US. In an environment where the FED is selling more treasuries than ever with no willing buyers for our worthless debt. All while our debt $33 trillion ATM is going exponential. 10-Year Treasury yields closed just below 4.7%. Soon the yield will be above 5%, its highest level since 2001. Once that level is taken out, the move up to 7.5%, the 1994 high, should be very quick. After that the next resistance level is the 1987 high yield of just under 10%. If rates go this high it will destroy the gold market like the 1980s & cause a debt collapse outside of the US (intentionally), securing the Dollar's position as the global reserve currency. It will also kill housing and crypto. The Fed is collapsing the M2 at the highest rate ever, money velocity is an ATL. All the regional banks that were encouraged by the FED to buy Long duration treasuries post 2008 will implode here shortly. "