Quote from: LoyceMobile on September 13, 2022, 09:25:17 PM

Markets are completely dependent on BRRR nowadays. It can only normalize when the economy makes sense again. You know, old fashioned things like positive interest and higher savings interest than inflation.

Imagine that happening after uncertain period of time. Currently the interests on the loans has increased severely, the home loans are up to 11.50%, personal loans are whooping 13% and add +1.5% on private financing in India. You can literally think about any investment at such high rates if your wallets are already fat enough. Banks however, kept the interests on Fixed deposits, Savings in the same range as it was before.

This has obviously started that chain reaction of costs on everything so even bitcoin seems to be at the side of inflation getting affected day by day.

Peeps around the world has to overcome the previous loans and increased interest rate is not only applicable to new applications but also to the existing loans.