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> All Central Banks coincidentally have matching liquidity cycles and coordinate to cause crises/inflation. This is not talked about enough even in Bitcoin circles. And we even have a visual representation and synchronisation of these cycles with the Bitcoin halving cycle. That’s why it’s so easy to reliably “predict” the tops and bottoms of Bitcoin. Satoshi apparently noticed.

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Yes, Satoshi definitely knew how liquidity cycles work. Nowadays everyone tracks liquidity cycles, but I've never seen anyone explain why liquidity is cyclical to begin with. This is a dark rabbit hole and deserves its own post. TL;DR: You keep liquidity cyclical because cycles are the cheapest way to discipline leverage, migrate users onto programmable rails, and entrench policy-grade vendors - without risking a consent crisis. Cycles govern behavior at lower cost than constant repression. A steady state would entrench incumbents you don't choose. Cyclicity lets you re-select winners every turn. This Thomas Jefferson quote sort of explains it: "If the American people ever allow private banks to control the issue of their currency first by inflation then by deflation the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered... I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people to whom it properly belongs." There is a documentary (and a book) "Princes of the Yen" by Richard Werner that highlights exactly this. Very dark stuff. View quoted note →
Fiat made wars more affordable, prior to that, countries tended to war until the money ran out and then had to have peace. Once war became both affordable and deadlier, countries had to spend more money during peacetime as they built themselves up again. Central banks therefore were in a better position to make sure that all combatants were better timed for maximum profit. It can't be a coincidence that wars since the Central Bank system came into being, have had more combatants and a wider battlefield - Wars are very profitable for banks particularly if they play all sides off against each other on a regular schedule. The development of the atomic bomb probably delayed the third world war by a considerable bit as the bankers couldn't make a profit from a nuked world...