Quote from: Kyraishi on January 09, 2022, 09:17:14 PM

This is not looking good for world economies.

Pretty much every single country is on the verge of a serious inflationary crisis and people are not panicking because they trust the government too much.

The current sell-off in fiat hedges like BTC make absolutely no sense for this reason. It is essentially the only safe haven other than precious metals that you should be parking your funds in.

We must understand that regular people have relinquished the control of their finances to governments and banks, so they trust that they will somehow solve the crisis that is coming and they avoid being affected by it, however if they had at least some historic memory they will know that there is an important economic crisis every decade, which shows that governments and banks not only will not protect them but will throw them under the bus when the time comes.