Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
So let me get this straight, only 2 years on from the Covid pandemic, and TPTB are already yammering about (another) recession?
So two years ago the Fed floods the world banks with massive amounts of new fiat via printer go brrr, hands out large amounts of free fiat to consumers, and once that is all burned through, the Fed is now saying a recession is on the way? After only 2 years?
Yeah, no shit Sherlock. The world economies cannot any longer support itself without free money from the Fed, without the punch bowl and a constant supply. Take that away, and it's sunk.
And then they talk about selling the debt off their balance sheet. Yeah riiight. Who's going to buy it, you morons?
The Fed will do what they always do: raise rates in response to inflation, crash the debt market, then in response to the crash, slam rates back to 0% and flood the banks and consumers with more free fiat....again.
And stonks and bitcoin will soar....again.
So two years ago the Fed floods the world banks with massive amounts of new fiat via printer go brrr, hands out large amounts of free fiat to consumers, and once that is all burned through, the Fed is now saying a recession is on the way? After only 2 years?
Yeah, no shit Sherlock. The world economies cannot any longer support itself without free money from the Fed, without the punch bowl and a constant supply. Take that away, and it's sunk.
And then they talk about selling the debt off their balance sheet. Yeah riiight. Who's going to buy it, you morons?
The Fed will do what they always do: raise rates in response to inflation, crash the debt market, then in response to the crash, slam rates back to 0% and flood the banks and consumers with more free fiat....again.
And stonks and bitcoin will soar....again.