When he explains the USD influence on the ‘liquidity’ of the corporate balance sheet he is explaining the boom-bust influence of the structure of the USD debt fiat currency structure.

The debt fiat currency in circulation expands as more debt is created when people and government take out more loans then debt fiat currency in circulation will contract with rate hikes, decrease in debt, and the with currency destruction in bankruptcies and defaults.

We stand at the doorstep of the worst deflationary implosion that may make the Great Depression look like a walk in the park. Prepare accordingly. They may also try to ‘Japanize’ and strangle the USA middle class further with NIRP, ZIRP destroying the purchasing power of the currency just to pay back the accumulated debts with diluted dollars.

What a mess! -And all this leads back to the structural flaws of the debt fiat currency system. Prepare accordingly.

 

Riot Blockchain Inc. earned about $9.5 million in credits last month from shutting down its Bitcoin mining rigs at a Texas facility while the region weathered a historic heat wave.

Source: Bitcoin Miner Made Millions in Credits by Shutting Rigs During Texas Heat