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Home»Regulation»Robert F. Kennedy says US government is waging war on crypto, warns bank collapse just tip of ‘mega crisis’
Robert F. Kennedy says US government is waging war on crypto, warns bank collapse just tip of 'mega crisis'
Regulation

Robert F. Kennedy says US government is waging war on crypto, warns bank collapse just tip of ‘mega crisis’

2023-05-04No Comments2 Mins Read
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US presidential candidate Robert F. Kennedy Jr. thinks US regulators are waging “an extralegal war on crypto” fueling the recent turmoil in domestic banks.

Kennedywho announced last month that he is also running as a Democrat in the 2024 presidential campaign say the recent high-profile bank failures are only ‘the tip of an economic mega-crisis’.

“It’s not just the banks. The number of vacancies fell for the third month in a row. Core factory orders fell for the second straight month. Inflation destroys the middle and working class. We must turn our attention to rebuilding our nation – NOW.”

Also the environmental lawyer accuses President Joe Biden who offered only “slippery assurance and perception management” in the face of a crumbling banking sector.

Kennedy has previously accused the Biden administration of launching “hostile broadsides” against cryptocurrencies and argued that Bitcoin (BTC) and other digital assets can help the public escape a financial system he calls “a bubble.”

“Between 2008-2022, the Fed partnered with a handful of big banks to print $10 trillion — ten centuries of wealth in 15 years — a bonanza for the Banksters.

Cryptocurrencies like Bitcoin give the public an escape route from the splatter zone when this bubble invariably bursts. So the White House conspires with the bankers to trap us all in the bubble of profit and control.”

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See also  $512,900,000,000 in unrealized losses hit US banks as number of 'problem banks' rises to 66: FDIC
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