US presidential candidate Robert F. Kennedy Jr. thinks US regulators are waging “an extra-legal war on crypto” that’s spurring the recent domestic banking turmoil.
Kennedy, who announced last month that he is running in the 2024 presidential campaign as a Democrat, also says the recent high-profile banking failures are just “the tip of an economic mega-crisis.”
“It’s not just the banks. Job openings plummeted for the third month in a row. Core factory orders dropped for the second consecutive month. Inflation is destroying the middle and working class. We need to turn our attention to rebuilding our nation — NOW.”
The environmental lawyer also accuses President Joe Biden of only offering “glib assurances 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 2008-22, 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 is colluding with the banksters to keep us all trapped in the bubble of profiteering and control.”
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