That's the crazy part: even gold is dropping in value. All economic common sense seems to be gone, while the inflation is higher than ever. Inflation is like a tax, but it's less visible. It makes people think they get more money, while their purchasing power doesn't go up (or even goes down). I blame the BRRR, and somehow they all worry more about a possible recession than about the huge inflation. The entire fiat money system is build on eternal growth, which can't go on forever.
The British policy seem to be even weirder with their new prime minister giving tax breaks to the rich.

And that's why I like Bitcoin: it may drop now because of the fear for less BRRR, but nothing else changed: it's still impossible to inflate Bitcoin like they do with fiat. Long-term, I have much more confidence in Bitcoin than any fiat money.