Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: THIS CRASH IS DIFFERENT than previous crashes... The FEDERAL RESERVE is why....
by
DooMAD
on 19/06/2022, 17:14:33 UTC
⭐ Merited by tadamichi (1)
Bitcoin has NEVER seen an era of rising interest rates and tight money before.  This time IS DIFFERENT !!!!! 

So the Fed closing the gate after the horse has bolted should be concerning to us?  All they're doing is making a feeble attempt to slow their economic freefall.  They aren't turning anything around.  And they'll abandon "tight money" the moment it suits them.  I give it two years tops before the rampant printing resumes.

Consider me "warned".   Roll Eyes