Post
Topic
Board Economics
Re: "Prepare for deflation in 2023"
by
Cookdata
on 12/07/2023, 19:50:25 UTC
That's obviously a statement you don't hear many people say, but if we review the history of the cabal that decides if they should implement QE or QT, the cabal has the susceptibility to over-adjust in one side causing inflation, and probably deflation after over-tightening. When one act causes an outcome, they over-adjust to stop the outcome, which causes the opposite outcome.

This is subjective to individual country and I don't think my country is even ready for this discussion as most of the tightening policy is killing the mass literally, the increment of tax has also been a big burden to everyone and yet inflation has been a big discussion in the country which has affected every commodity you can found in the country, the services are not left out,  deflation is still far from here but perhaps the new government will find a way to make it work this time around but wait for a second, are you using same US that people are screaming on every day.  Cheesy

Quote

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 Cool

Then was late 2020 and 2021 price surge a deceptive measure of Bitcoin price run, 2015/17 is run is entirely different from 20/21 and we expect a soon surge in 2023, I beg to differ though but perhaps you are using halving effect in play otherwise even if the SEC go BRRR, the market makers will do what they like in the end, they have always been the benefactors of the surge.