Caentral banks rate rise could be biggest bluff

wxa7115

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Quote from: pinggoki on February 11, 2022, 06:07:30 AM

Quote from: kamilah147 on February 11, 2022, 06:03:52 AM

since its inception until now the central bank really doesn't like crypto because there are many factors that can affect the circulation of paper money as it is now, even a lot of news in the media that campaigns for bad things against crypto and I believe it is part of a conspiracy by the central bankers who feel scared.
I am sure that when the fear of the bank becomes a burden, they will also enter crypto to be able to revive FIAT in a systematic way.

Nope, they are hating on crypto because they can't control it. People can convert their crypto and then use a bank to deposit the money without the bank having any benefit from the client. They know that they're system is obsolete so they continue to berate bitcoin as inferior even though they've had similar origins.

The banking industry is a monopoly, and like any monopoly they do not like competition at all, and luckily for them after gold suffered a defeat at their hands they did not had anything to worry about, after all even if the gold standard made a comeback they still hold a great deal of all the gold ever mined so they can always cheat people again and then force them to accept fiat currencies.

However bitcoin is different, bitcoin is not only an asset but a network as well, which means that even if they got their hands on a lot of bitcoin the network will keep going without a need for their input, so they are trying to do what they can to bring bitcoin down, even if it seems at this point that no matter what they could try to do they will fail and they will not reach their goal.

pinggoki

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Quote from: kamilah147 on February 11, 2022, 06:03:52 AM

since its inception until now the central bank really doesn't like crypto because there are many factors that can affect the circulation of paper money as it is now, even a lot of news in the media that campaigns for bad things against crypto and I believe it is part of a conspiracy by the central bankers who feel scared.
I am sure that when the fear of the bank becomes a burden, they will also enter crypto to be able to revive FIAT in a systematic way.

Nope, they are hating on crypto because they can't control it. People can convert their crypto and then use a bank to deposit the money without the bank having any benefit from the client. They know that they're system is obsolete so they continue to berate bitcoin as inferior even though they've had similar origins.

kamilah147

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since its inception until now the central bank really doesn't like crypto because there are many factors that can affect the circulation of paper money as it is now, even a lot of news in the media that campaigns for bad things against crypto and I believe it is part of a conspiracy by the central bankers who feel scared.
I am sure that when the fear of the bank becomes a burden, they will also enter crypto to be able to revive FIAT in a systematic way.

el kaka22

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Quote from: TimeTeller on February 07, 2022, 02:20:07 PM

They won't even if they are printing massively. This is the lifeblood of their financial system no matter what.
Inflation will always be a part in any economic system as we move forward in this life.
This is the reality and we need to face it. This is not a bluff anymore so we need to act on it rather than treat it as nonexistent.
This is not a problem of only one country but this is global concern so you are not alone experiencing this kind of economic problem.

Unfortunately inflation has been around for a long time and people always tried to find a way to fight around it, and if not they just accepted the increased in salary that is basically not an increase since it is lower than the interest rate and the fact that they could live just a bit worse and continue their life caused all of this.

I personally feel like there is a good amount of reason why people are acting as if there is nothing to do unless they are willing to risk things. Every year, I try to risk somethings and try to do something that will make my life a slight bit worse for the consistent part, but either will have a big bang and make a lot of money or lose a lot if I am wrong.

I made a ton of money during 2017 because I made good bitcoin income from a project and sold it around at the top, but then did a horrible one last year because it was released literally days before the big crash. Hence, unless you are willing to take a risk, it is very hard to live.

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Quote from: fiulpro on February 08, 2022, 10:24:05 AM

I do not understand the fact why they have decided to do this. I do think that the government should me more worried about the people rather than increasing the rates that would eventually cause probelms, increasing the rates of borrowing which is something that is the sole thing supporting some people during the pandemic.

Its part of what banks call monetary policy through which banks control the access to funds in the market.

The pandemic led to a lot of borrowing by the government as the money was distributed through various channels and this eventually ends up pushing prices higher as the supply of goods cannot keep up with the amount of money chasing these goods.

Interest rates aren't what supported people. Instead its the direct handouts as well as bailouts to keep businesses afloat. Unfortunately, the greatest source of this printed fiat is the US which is filled with the capitalist who allocate this capital to everywhere else in the world, as soon as they get their hands on cheap funds. They justify it by the rate of return they get from investments. This is what leads to everything else being linked to US investments and US Fed rates.

Jody.Drummer

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The problem is that the government does not arbitrarily raise interest rates suddenly, they will also always consider the impact on a large scale. If this has been done by the Fed, we will have to wait and see what the impact will be on the market. Because globally the impact is still in its infancy. Meanwhile, the government's recommendation to maintain fiat is a reference that in the future fiat will still be a force. Even though there has been quite large inflation, the Fed also has an obligation to the central bank to keep value stability under control. The IMF has also warned several countries to be more prepared to anticipate interest rate hikes.

fiulpro

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I do not understand the fact why they have decided to do this. I do think that the government should me more worried about the people rather than increasing the rates that would eventually cause probelms, increasing the rates of borrowing which is something that is the sole thing supporting some people during the pandemic. Many people are honestly out of jobs and the tution fee is not getting any inexpensive so the parents and the middle class people are forced to borrow money. Money being borrowed from the bank is usually less expensive but when we consider it being taken from individual sources, it's not only dangerous at times but at the same time you pay a lot more interest. This is the case in all developing countries. Therefore the government will push people to take loans from enterprises eventually shutting the economy down more since this might mean that people would be taken advantage of causing a huge uproar. This plan to make economy better might make it worse because people are the base of economy and they have to make sure they are taken care of first rather than look at the overall situation based on the rich.

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Quote from: Darker45 on February 07, 2022, 07:02:07 AM

If your country's government is raising the interest rate, it is not a bluff. It is a real thing. I won't expect an announcement to made and yet the cost of borrowing remains the same. And, for sure, your country's economic, monetary, and financial team has find reasons that call for the rate hike. It might be to temper down a rising inflation, but never to take it away. Inflation is an integral part of any economy.

Anyway, interest rates rise and fall. It is normal. There is no reason to react to it too much.

And, please, don't think the central banks would just let fiat die. In the first place, they are there to let it live for as long as possible.

They won't even if they are printing massively. This is the lifeblood of their financial system no matter what.
Inflation will always be a part in any economic system as we move forward in this life.
This is the reality and we need to face it. This is not a bluff anymore so we need to act on it rather than treat it as nonexistent.
This is not a problem of only one country but this is global concern so you are not alone experiencing this kind of economic problem.

wxa7115

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Quote from: el kaka22 on February 07, 2022, 11:44:14 AM

I know that there are some sort of situations where central banks could increase the interest rate because of the inflation, and that is understandable. However, the worst one is when they do not increase the rates even with high inflation. Dude the money you are paying do not worth anything, we just had a 10%+ inflation and you are telling me I can get only 5% interest rate?

Obviously, I am going to turn my money into something else which will cause me to sell my fiat that you find so valuable and that will be followed by millions of people who will do the same so we are talking about a whole lot of people selling that fiat and dropping the value of it. WRONG move.

It is not that this is the wrong move but that it seems it could be insufficient taking into account the level of inflation most countries are suffering, however this is nothing new, governments always think they can abuse their fiat currencies and they are always proved wrong, so even if by raising interest rates now they can take control of the inflation and the economy does not collapse, we know that it will at some point in the future.

The question is what comes next? Will people finally realize that fiat currencies are the biggest scam ever and adopt bitcoin or gold taking away the power the governments have of printing as much money as they want? I doubt it, but I hope it happens.

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Quote from: 325btc on February 06, 2022, 08:36:28 PM

It could be biggest bluff in history in scale u can only imagine.
If they let fiat die anyways and replace with crypto then there is no need for the rate rise.
It could be temporary rate rise just and after that they might cut rates even more.

I dont think they really let markets to die like this and central bank all rich friends will suffering as no more free money for the wall street its unlikely the case here.

The current rate rise could be the biggest bluf and con fraud in our history.
And more weak hands will give away their assets in fear of rate rise and drop in asset prices.

For temporary moment yes rate rise will take away inflation but once inflation is under manageble level then they could lower the yields and rates even more we could imagine.

Quite a mix of concepts here... CB bluffing, crypto replacing fiat and weak hands giving away they hard earned wealth. And, to make it even funnier, you end saying exactly the opposite of what you started with.

By the way, asserting that something "could be" is the same as saying nothing, as you could as well be saying that "may not". This is something I hate about current trends in news, which is in essence making up something without real data to back it up, like most of your post.

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Quote from: batang_bitcoin on February 07, 2022, 07:34:35 AM

The reason for the rate hike made by the banks is due to many factors like; inflation, crisis, debt and other factors that certainly impacting the economy of the country.
I don't think that this is a bluff or a con, it's certainly happening and it's not just for a few countries but most of the countries that are dealing to cope up to fight against the inflation and other factors that are threatening their economy has to do it. As they increase it now, it won't stay on the increase forever.

The factors you have mentioned are definitely part of the reason for whatever increase but my wonder is government being the culprit of inflation will not stop at nothing to increase charges also. These increases including Vat cause severe hardship on the people and keep bringing the economy down.

Quote

As they increase it now, it won't stay on the increase forever.

Lol these days nothing goes up that comes down. The law of gravity does not operate now with the economic challenges.

el kaka22

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I know that there are some sort of situations where central banks could increase the interest rate because of the inflation, and that is understandable. However, the worst one is when they do not increase the rates even with high inflation. Dude the money you are paying do not worth anything, we just had a 10%+ inflation and you are telling me I can get only 5% interest rate?

Obviously, I am going to turn my money into something else which will cause me to sell my fiat that you find so valuable and that will be followed by millions of people who will do the same so we are talking about a whole lot of people selling that fiat and dropping the value of it. WRONG move.

jackg

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The price of tech firms probably tells something of why the rate rises have come in anyway.

There's been a lot of divergence in tech shares after seeing just a rise for a few years...

Most countries will also be trying to match each other on rates before the rise occurs, the central bank in the UK have been threatening it for the past 6 months at least, perhaps they've determined the economy won't react to it much.

batang_bitcoin

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The reason for the rate hike made by the banks is due to many factors like; inflation, crisis, debt and other factors that certainly impacting the economy of the country.
I don't think that this is a bluff or a con, it's certainly happening and it's not just for a few countries but most of the countries that are dealing to cope up to fight against the inflation and other factors that are threatening their economy has to do it. As they increase it now, it won't stay on the increase forever.

Darker45

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If your country's government is raising the interest rate, it is not a bluff. It is a real thing. I won't expect an announcement to made and yet the cost of borrowing remains the same. And, for sure, your country's economic, monetary, and financial team has find reasons that call for the rate hike. It might be to temper down a rising inflation, but never to take it away. Inflation is an integral part of any economy.

Anyway, interest rates rise and fall. It is normal. There is no reason to react to it too much.

And, please, don't think the central banks would just let fiat die. In the first place, they are there to let it live for as long as possible.

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Quote from: 325btc on February 06, 2022, 08:36:28 PM

If they let fiat die anyways and replace with crypto then there is no need for the rate rise.

I have a feeling you think that when fiat is totally replaced by crypto you won't be needing banks or central banks or the interest rate will be zero.
So, from where are you going to borrow, from where are banks going to borrow and who is going to give you a loan at zero interest rate? Wink

So, when we had no fiat money, why was the bank of England playing with interest rates for centuries before Bretton Woods?

Quote from: 325btc on February 06, 2022, 08:36:28 PM

For temporary moment yes rate rise will take away inflation but once inflation is under manageble level then they could lower the yields and rates even more we could imagine.

Oh, so it's going to do what is supposed to do? Cheesy

That doesn't sound like a bluff to me.

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What did the FED do at the meeting and resulted in the decision to raise interest rates in order to keep fiat out and minimize inflation on a large scale. This result starts from an epidemic and to maintain the value of fiat, increasing interest rates means maintaining the existence of fiat so that it remains and it is held. There is no fraud here, perhaps for the sake of a country's economic interests that have an impact on long-term infrastructure improvements.

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Quote from: 325btc on February 06, 2022, 08:36:28 PM

For temporary moment yes rate rise will take away inflation but once inflation is under manageble level then they could lower the yields and rates even more we could imagine.

Exactly that's the reason! The inflation rate is quite high right now in most of the major economies. Increasing interest rate is one of the most effective ways to fight it. If you know any other ways, do let us know.

Once the excess money is sucked up by the increased interest rate, the interest rate will be lowered. That's how it happens! I don't think anything is fraud over here. That's how the mainstream economy works!

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Quote from: 325btc on February 06, 2022, 08:36:28 PM

If they let fiat die anyways and replace with crypto then there is no need for the rate rise.

And their is no way fiat currencies can be eliminated and replace all alone with digital currencies and especially with cryptocurrency, the thing is that all have their domination, actually their own function, the only purpose that fiat currency cant be irreplaceable by newly adopted currencies, is that it's a centralized currency, and the rate or values is been determined by each of the nation governing council of Central Bank, if fiat give off according you op and only crypto left, and the price became stagnant without fluctuations that means its a centralized currency. Which i know vividly that the dream can't come to pass.

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I don’t think this is any sort of bluff, they won’t do such big scam and neither would imprint their bad doings in the books of history. I mean yes there are dirty politics around the globe and this has to be done time to time to maintain the legacy of Government or may be nation as such.

Currently inflation is product of poor health care systems and disturbed economy. Let’s not forget that a year ago while nation was standing at one place, all the ships were halted in the seas, all the airplanes were parked on the yard.

It’s not hoax, it was not out of imagination.

We suffered pandemic, we are going through it. I fairly doubt money printing is bluff.

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