This week Janet (the same Janet who presided over a Fed whose policies have caused the top 1% of the world to rake in trillions) expressed her grave concerns that the trade has gone the other way and the retail crowd were rorting Wall Street. https://au.news.yahoo.com/yellen-monitoring-gamestop-market-activity-183420988.html
Janet, her Wall Street friends & the Fed all know that this GME trade has the potential to blow up much more than Melvin Capital. It's exposed a completely rigged financial system and risks creating another domino effect Lehman moment.
So they've set the narrative that a naughty crowd of trouble makers are messing with capital markets. @chamath & @stoolpresidente have led the charge calling out this utter hypocrisy. https://twitter.com/stoolpresidente/status/1354492810733486080?s=20
And yesterday things got even more nefarious. Robinhood & several other retail brokers did the only thing they can to help out their biggest customer Citadel's short/gamma squeeze and not only ceased all trading on GME but also closed positions. https://twitter.com/nope_its_lily/status/1354672423983935492?s=20
But the hedge funds and other wholesale players had no such restrictions, allowing them to reset their positions without the retail buying pressure. Rumours are that they may have even set new short positions to take advantage of the price collapse. https://twitter.com/justinkan/status/1354853920762253315?s=20
What's happened over the last week has put in plain sight the rort thats been occurring for a long time before GME was traded. I think the spotlight has helped the mob finally wake up to it. https://twitter.com/ttmygh/status/1354821252704210950?s=20
Pulling back the curtains on the activities of these global elites brings into question everything. Not surprisingly, Ken Griffin is an esteemed member of the @wef, one of the most influential global organisations advising on the covid policy response. https://www.cnbc.com/kenneth-c-griffin/
Whilst the ancient world relied on religion to organise & control the masses, the modern world has used the power of money. Don't be fooled, policies like universal basic income and MMT exacerbate this centralised control.
As more people start to go down the rabbit hole of what Central Bankers and their elite friends have been up to, we could have a modern revolution on our hands. https://twitter.com/lukemac16/status/1329393073176997889?s=20
A terrific piece from @radigancarter recently shows that what we've just seen might be an insight into what our 2020's version of an insurgency will look like. https://twitter.com/lukemac16/status/1354625949996781568?s=20