When governments and central banks blur the boundaries between fiscal stimulus and monetary intervention, trust evaporates—fast. Here's the uncomfortable truth: there's no credible lender of last resort once that line dissolves.



Think about it. Central bankers operate on one currency: credibility. The moment they become indistinguishable from fiscal authorities, they lose the ability to signal independence. And without independence? Their policy tools become hollow.

This tension matters beyond traditional finance. Monetary credibility anchors everything—inflation expectations, currency stability, even how markets price risk assets. When central authorities operate in murky territory, uncertainty spikes. Asset holders (including those holding crypto) take defensive positions.

The real warning central bankers probably want to send: preserve the firewalls, or watch the entire system lose its shock absorber.
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ProbablyNothingvip
· 7h ago
Once the central bank becomes a cash machine for the Ministry of Finance, it's doomed, and credit will collapse rapidly.
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GhostWalletSleuthvip
· 7h ago
In simple terms, once the central bank becomes ambiguous with the fiscal department, credibility collapses... Our crypto circle suffers the most. --- This move is outrageous; without independence, tools become waste paper. Who will rescue the market then? --- The central bank's credibility bankruptcy will first harm assets like cryptocurrencies... Defensive mode has been activated. --- It's hilarious—when you can't tell who is who and just start printing money, isn't that the inflation demon we see? --- Once the firewall is breached, there's no turning back. Losing the entire system buffer is really dangerous. --- No wonder recent institutional investors are stockpiling BTC; who still trusts these central banks? --- Lack of independence = lack of credibility. We won't say more, but this logic is indeed solid. --- Instead of waiting for the central bank to save itself, it's better to get into hard assets early... Rough words, but the reasoning is sound.
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DegenWhisperervip
· 7h ago
In plain terms, once the central bank becomes a tool for fiscal policy, there's no hope. Credit bankruptcy happens faster than anything else.
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HodlVeteranvip
· 7h ago
This is another sign of policy chaos. I once fell into the trap of "central bank printing money," and now it's all about a defensive stance.
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ChainComedianvip
· 7h ago
The central bank's initial reckless actions are doomed to fail; now it's all political games, and public trust has long since collapsed.
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All-InQueenvip
· 7h ago
Alright, that's why so many people are rushing into crypto now. Since the central bank is playing fuzzy accounting anyway, it's better to control your assets yourself.
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