“Crypto treasury companies are already well established and one is way ahead in the race to inflate the biggest bubble in Wall Street’s history.”

“Sky-high share prices are attracting a constant flow of new investors all keen to make quick capital gains from this giant and expanding Ponzi scheme. In a process not unlike the financial wheel of fortune depicted in Hogarth’s merry-go-round of 1721 (see below), the purchase of Strategy shares speeds up the speculative frenzy and in a positive feedback loop, further inflates the market capitalisation of the company.”

“This time the President of the United States has climbed aboard the spinning wheel driving ‘crypto treasury companies’ - and dragged hundreds of thousands of gullible MAGA investors along with him.”

Es wird grossartig enden.

https://annpettifor.substack.com/p/capitalism-devours-crypto