People are paying attention and are concerned. A recent Gallop poll shows half of Americans worry their money is not safe in banks. This will only increase the odds that further bank runs and bank collapses will occur.
2. The money supply has decreased the largest amount since the Great Depression
The lead up to the Great Depression, the money supply fell by 12 percent, today we are seeing a 10.2% drop. This drop is the largest amount since the lead up to the Great Depression. The reason we are not in complete collapse is the money supply also grew in the past 3 years not seen ever in U.S. history.
The US economy still has large excesses created during the COVID era. This is partly why we are not yet seeing a sizable slowdown in the labor market. But with all the other factors listed here, we are in for a serious rough ride.
3. Inflation is still high despite the decrease in Money Supply
Despite the 2nd largest decline in the money supply in US history, inflation is still persisting. Unlike the Great Depression, the decrease in the money supply led to an inflation free fall.
This time is different and means the FED will likely continue to keep interest rates higher thus fueling the increasing credit crunch and ongoing bank collapses. Higher interest rates decrease the cash available for businesses and regular people to pay off loans. It also decreases the available cash needed to buy goods in the general economy reducing revenues for most business, but even more so for businesses selling goods not considered basic needs.
4. Silver prices are soaring and are positioned to continue to rise
Silver prices soared during the 2008 crisis. People were worried that the full collapse was coming. But the global bankers were able to “kick the can down the road” until later, maybe until today.
The two charts below give you some great insight. The first one shows how American Silver Eagles have been soaring and shows the spot price from the end of 2013 to today, 5-14-2023.
Analysts have stated that the U.S. Mint has had difficulty maintaining its supply of blanks as it competes with growing overseas demand. This is why American Eagles are increasing more than generic silver coins.
The next chart shows the price of silver at it’s peak after the 2008 crisis. People were pulling out of the economy en masse. Then, when people realized the global bankers had managed to stall the collapse, silver prices came back down although still settled higher.
If 2008 is an indication of where silver prices will go, imagine where prices will ultimately land.
5. Credit Crunch
The credit crunch happens when there is a significant tightening of lending standards among banks. The recent surge of bank collapses caused by an increase of bad existing loans fueled by a weaker overall economy fueled by higher interest rates, is causing banks to shore up their balance sheets. This means new loans are harder to get and more costly.
Many economists, including Bank of America strategists, are warning that this could lead to over 1 trillion worth of corporate debt defaults.
Last 20 years Bank Prime Loan Rates
With growing interest rates, loans are harder to come by and existing loans with floating rates (not set with a fixed rate loan) become impossible to pay for cash strapped businesses and homeowners. This will fuel even more collapses, foreclosures and bankruptcies going forward.
Today marks one year since the shocking assassination attempt on President Donald Trump—a moment that sent waves of concern and reflection throughout the nation and the world. On this day in 2024, the country witnessed a stark reminder of the volatility and intensity that can surround political life.
Thankfully, President Trump survived the attempt, and his resilience became a symbol of strength for many Americans. The event sparked renewed discussions about security, civil discourse, and the importance of unity in turbulent times.
As we look back, let us remember the importance of peaceful dialogue, and the enduring spirit that guides us through adversity.
👀CEO OF SBI HOLDINGS YOSHITAKA KITAO: AFTER THE SEC CASE ENDS, XRP WILL BE A VERY HIGH PRI👀
"Related products, and then crypto assets, um, Ripple’s XRP. Well, regarding Ripple’s XRP, when I looked at the statement from their CEO the other day…
It seems he thinks that a court decision will come out in a few weeks.
If the decision is made and Ripple’s XRP is recognized as a coin, I think this will have a huge impact on the price. Since we are the main external shareholders, if we sell, we would realize significant capital gains, but even if we don’t sell, it would still be quite substantial in terms of valuation, I believe it will immediately move toward a public stock offering."
Bitcoin reached a new peak of $118,254 on July 11, 2025, driven by institutional demand, favorable macro conditions, and supportive crypto regulations. With a 100%+ year-over-year surge, what's next for BTC?
🔮 Bitcoin Outlook
📆 Short Term (6–12 Months)
Expect volatility post-ATH
Spot BTC ETFs attract significant capital
Potential range: $95K–$135K
🕰 Medium Term (1–3 Years)
2024 halving impact continues
More institutions may adopt BTC as reserve/collateral
Global regulatory clarity boosts confidence
Potential range: $120K–$200K+
🌐 Long Term (5–10+ Years)
BTC may solidify as digital gold
Used in cross-border settlements and emerging markets
👉 Coinbase just launched an AI agent for Crypto Trading
Custom AI assistants that print money in your sleep? 🔜
The future of Crypto x AI is about to go crazy.
👉 Here’s what you need to know:
💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit
👉 What this means for the future of Crypto:
1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025
🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.
👉 Coinbase just launched an AI agent for Crypto Trading
👉 Coinbase just launched an AI agent for Crypto Trading
🚨 Banks Could Roll Out XRP-Powered Payment Systems in Just Weeks, Experts Say 🚨
Banks worldwide are on the verge of a major payments revolution, with experts indicating that XRP-powered payment systems could be deployed in a matter of weeks—pending final regulatory approvals. This rapid rollout is set to transform cross-border transactions and modernize global banking infrastructure.
🔹 Why XRP?
Speed: XRP enables payments to settle in as little as three seconds, with near-zero failure rates, making it a top choice for international payments.
Cost Efficiency: By eliminating the need for pre-funding accounts in foreign countries, banks can free up capital and reduce operational costs.
Interoperability: Ripple’s infrastructure allows seamless connectivity between different banks’ ledgers, streamlining cross-border transfers.
🔹 How Fast Can Banks Integrate XRP?
Implementation Timeline: Experts say full integration, including onboarding and technical setup, can take as little as three weeks, with most banks completing the process within two to three months once regulations are...
Musk Turns On Starlink to Save Iranians from Regime’s Internet Crackdown
Elon Musk, the world’s richest man and a visionary behind SpaceX, has flipped the switch on Starlink, delivering internet to Iranians amid a brutal regime crackdown.
This move comes on the heels of Israeli strikes targeting Iran’s nuclear facilities, as the Islamic Republic cuts off online access.
The former Department of Government Efficiency chief activated Starlink satellite internet service for Iranians on Saturday following the Islamic Republic's decision to impose nationwide internet restrictions.
As the Jerusalem Post reports, that the Islamic Republic’s Communications Ministry announced the move, stating, "In view of the special conditions of the country, temporary restrictions have been imposed on the country’s internet."
This action followed a series of Israeli attacks on Iranian targets.
Starlink, a SpaceX-developed satellite constellation, provides high-speed internet to regions with limited connectivity, such as remote areas or conflict zones.
Elizabeth MacDonald, a Fox News contributor, highlighted its impact, noting, "Elon Musk turning on Starlink for Iran in 2022 was a game changer. Starlink connects directly to SpaceX satellites, bypassing Iran’s ground infrastructure. That means even during government-imposed shutdowns or censorship, users can still get online, and reportedly more than 100,000 inside Iran are doing that."
During the 2022 "Woman, Life, Freedom" protests, Starlink enabled Iranians to communicate and share footage globally despite network blackouts," she added.
MacDonald also mentioned ongoing tests of "direct-to-cell" capabilities, which could allow smartphone connections without a dish, potentially expanding access and supporting free expression and protest coordination.
Musk confirmed the activation, noting on Saturday, "The beams are on."
This follows the regime’s internet shutdowns, which were triggered by Israeli military actions.
Adding to the tension, Israeli Prime Minister Benjamin Netanyahu addressed the Iranian people on Friday, urging resistance against the regime.
"Israel's fight is not against the Iranian people. Our fight is against the murderous Islamic regime that oppresses and impoverishes you,” he said.
Meanwhile, Reza Pahlavi, the exiled son of Iran’s last monarch,called on military and security forces to abandon the regime, accusing Supreme Leader Ayatollah Ali Khamenei in a Persian-language social media post of forcing Iranians into an unwanted war.
Starlink has been a beacon in other crises. Beyond Iran, Musk has leveraged Starlink to assist people during natural disasters and conflicts.
In the wake of hurricanes and earthquakes, Starlink has provided critical internet access to affected communities, enabling emergency communications and coordination.
Similarly, during the Ukraine-Russia conflict, Musk activated Starlink to support Ukrainian forcesand civilians, ensuring they could maintain contact and access vital information under dire circumstances.
The genius entrepreneur, is throwing a lifeline to the oppressed in Iran, and the libs can’t stand it.
Conservative talk show host Mark Levin praised Musk’s action, reposting a message stating that Starlink would "reconnect the Iranian people with the internet and put the final nail in the coffin of the Iranian regime."
"God bless you, Elon. The Starlink beams are on in Iran!" Levin wrote.
Musk, who recently stepped down from leading the DOGE in the Trump administration, has apologized to President Trump for past criticisms, including his stance on the One Big Beautiful Bill.
GENIUS Act lets State banks conduct some business nationwide. Regulators object
The Senate passed the GENIUS Act for stablecoins last week, but significant work remains before it becomes law. The House has a different bill, the STABLE Act, with notable differences that must be reconciled. State banking regulators have raised strong objections to a provision in the GENIUS Act that would allow state banks to operate nationwide without authorization from host states or a federal regulator.
The controversial clause permits a state bank with a regulated stablecoin subsidiary to provide money transmitter and custodial services in any other state. While host states can impose consumer protection laws, they cannot require the usual authorization and oversight typically needed for out-of-state banking operations.
The Conference of State Bank Supervisors welcomed some changes in the GENIUS Act but remains adamantly opposed to this particular provision. In a statement, CSBS said:
“Critical changes must be made during House consideration of the legislation to prevent unintended consequences and further mitigate financial stability risks. CSBS remains concerned with the dramatic and unsupported expansion of the authority of uninsured banks to conduct money transmission or custody activities nationwide without the approval or oversight of host state supervisors (Sec. 16(d)).”
The National Conference of State Legislatures expressed similar concerns in early June, stating:
“We urge you to oppose Section 16(d) and support state authority to regulate financial services in a manner that reflects local conditions, priorities and risk tolerances. Preserving the dual banking system and respecting state autonomy is essential to the safety, soundness and diversity of our nation’s financial sector.”
Evolution of nationwide authorization
Section 16 addresses several issues beyond stablecoins, including preventing a recurrence of the SEC’s SAB 121, which forced crypto assets held in custody onto balance sheets. However, the nationwide authorization subsection was added after the legislation cleared the Senate Banking Committee, with two significant modifications since then.
Originally, the provision applied only to special bank charters like Wyoming’s Special Purpose Depository Institutions or Connecticut’s Innovation Banks. Examples include crypto-focused Custodia Bank and crypto exchange Kraken in Wyoming, plus traditional finance player Fnality US in Connecticut. Recently the scope was expanded to cover most state chartered banks with stablecoin subsidiaries, possibly due to concerns about competitive advantages.
Simultaneously, the clause was substantially tightened. The initial version allowed state chartered banks to provide money transmission and custody services nationwide for any type of asset, which would include cryptocurrencies. Now these activities can only be conducted by the stablecoin subsidiary, and while Section 16(d) doesn’t explicitly limit services to stablecoins, the GENIUS Act currently restricts issuers to stablecoin related activities.
However, the House STABLE Act takes a more permissive approach, allowing regulators to decide which non-stablecoin activities are permitted. If the House version prevails in reconciliation, it could result in a significant expansion of allowed nationwide banking activities beyond stablecoins.
Is it that bad?
As originally drafted, the clause seemed overly permissive.
The amended clause makes sense for stablecoin issuers. They want to have a single regulator and be able to provide the stablecoin services throughout the United States. But it also leans into the perception outside of crypto that this is just another form of regulatory arbitrage.
The controversy over Section 16(d) reflects concerns about creating a regulatory gap that allows banks to operate interstate without the oversight typically required from either federal or state authorities. As the two Congressional chambers work toward reconciliation, lawmakers must decide whether stablecoin legislation should include provisions that effectively reduce traditional banking oversight requirements.
Sign Up for free to see more from this community or subscribe to TheDinarian for $5/month to support TheDinarian for more interaction and exclusive content.
Welcome to the Dinarian on Locals, where we discuss everything blockchain and digital asset related. We are here to learn from one another as this is a new and ever evolving space. Please post and share what you like, but be respectful to others as they are here to learn as well.
Knowledge is power, using that knowledge can be extremely powerful,
The Dinarian
