Quote from: Robust Crypto on June 02, 2018, 05:22:56 AM

I have been interested into economy, stock trading and such. And have begun watching series movies and reading more about it.

I learned what CDOs where, and how they worked. But now the institutions/banks are selling/buying bespoke tranche opportunities, basically same as CDOs just another name.

The dollar is up by a lot, and the stock market has tested the 200 MA 3 times already. Interest rates are near 0% and loan rates are going up faster and faster each year.

Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year.
What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.

I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.

What do you guys think? All thots are appreciated!

Of course the inflation is rising, because the money is being printed NON-STOP right now, with no real value behind it, making people even poorer as before.
Its obvious that this scheme will sooner or later fail, people will loose billions when it happens, just a matter of time now.
I don't think people are addicted to cash that much these days, its more practical to have 5 different cards with money on them, instead of huge briefcase full of money.
Majority of purchases are being carried today through Visa, Mastercard, AMEX and so on, there are not much cash deals going down actually.
Money became just numbers in people bank accounts, and to take it out you have to inform the bank about it, so they can prepare your money.