I'm not an economist, but if deflation happens in 2023 that causes further recession, what would the Federal Reserve do? MAXIMUM ORDERS OF BRRR-MONEY PRINTING.
Prepare to experience a big surge for Bitcoin like it was 2015 - 2017
Prepare to experience a big surge for Bitcoin like it was 2015 - 2017
They can't print more money as this would increase inflation even further. The only real solution for the FED at the moment is to keep increasing interest rates and try to contain the inflation. Only once the inflation is brought down they can focus on economics growth again. A recession could happen in 2023 but doesn't seem so likely, because when all the prices are rising then so are wages and whole economic output is going to be inflated. Number will be higher but in real terms, the value is not going up. We will probably see a rise in Bitcoin prices again in 2023 but the rise is going to be moderate first in my opinion. People are still scared to invest large amounts of money. At least in my country most investors still hold large sums of cash in their portfolio, even though it's the worst type of asset to hold during high inflation periods. It will probably take until 2024 and the next halving to prices really rally again.
Please get the context of the topic. I'm NOT saying the cabal will do it RIGHT NOW, I'm saying that they're response from their overadjustment WILL BE another overadjustment. franky1 is right, there has always been inflation, and in the current cycle, it may have already peaked. But if anyone believes that the inflation numbers we saw last year would be the highest, then it's laughable. We'll probably experience something worse in ten years.
Furthermore, CPI print is lower month on month, and the rate of inflation is also declining year on year. That might be the first signs that a cycle of deflation might be coming during 2023.