>>https://bitcointalksearch.org/topic/m.56749537
>People begin to protect themselves with investments in gold, real estate (those who can and have the capacity) buy strong FIAT money, such as dollars, euros,
are you sure people who get into gold real estate or fiat are happy with their decision?
>>https://bitcointalksearch.org/topic/m.56749755
>because no one expected this pandemic to hit us.
no one think pandemics would last indefinitely, and followed by vaccination.
>>https://bitcointalksearch.org/topic/do-you-believe-history-repeat-itself-economic-wise-5329525
>it is possible to escape this problem if we start working hard to improve our lives
why not gambling to make changes?
>>https://bitcointalksearch.org/topic/m.56750389
>because if it was then a lot of farmers in my country that are breaking their backs planting crops and such should have paid off but no,
not surprising, crops can be destroyed by catastrophe, or vermin, even man made destruction
>>https://bitcointalksearch.org/topic/m.56750966
>Since you know what are you trading and what are you buying it's not gambling at all,
You believe investment is not gambling? That’s totally fine, I do hope everybody would treat investment seriously.
>>https://bitcointalksearch.org/topic/m.56751727
>because trading crypto or stock is not just about luck like gambling,
some people do think it’s investment, to each its own.
>commodities are now gradually increasing,
History repeat itself, commodities would be greatly manipulated, it wouldn’t gradually increasing under massive manipulation.
>>https://bitcointalksearch.org/topic/m.56751802
>herd movements are very common.
Herd are induced by fear, every history is repeated because fear is never ending?
>spent a lot of time analysing past data
Do you mean data mining on a pool of data? They’re useful for predicting weather, natural disaster, useful for constructing new set of data, for computing, constructing pixels and color, it’s not reliable for economic.
Topic: Do you believe history repeat itself? Economic wise. - page 5. (Read 778 times)
High inflation driving everybody insane. The guy who is running out of money to keep up with the expenditure are pushing themselve to gambling their cash on everything possible, stock market, crypto, commodity. The cycle can be seen in years of the past. It’s not a untold story.
Food price is surely soaring. Some items in the online store soaring in price too, can’t you ignore it wouldn’t impact your daily routine, the inflation drag everybody down into the rabbit hole, no one can escape this chaos.
Food price is surely soaring. Some items in the online store soaring in price too, can’t you ignore it wouldn’t impact your daily routine, the inflation drag everybody down into the rabbit hole, no one can escape this chaos.
Yes, I do believe that history is repeating itself. Humans like to live in patterns and follow our fellow people, herd movements are very common. And also people tend to forget very past. That is probably also why so many scientist spent a lot of time analysing past data. And fundamental investors who use chart analysis to find trading signals are also very profitable.
Firstly yes, the history repeat by itself in a period of the time and it's not just about the economic history but everything in the world. Ti understand in better let's say the whole ta systems such as price action is using this theory and people believe the history is repeating in a period of the time. But in your post you are saying 'gambling their cash in stocks and crypto' which is not right. Since you know what are you trading and what are you buying it's not gambling at all, you would not say such thing if you correctly manage your risk and know the relation between risk and reward deeply.
Indeed, I wouldn't call it gambling because trading crypto or stock is not just about luck like gambling, sure sometimes it does need luck but most of the time it needs analysis and such to mitigate the risk. It would only be gambling if you trading without any knowledge because you are trading in a volatile market and entering without any experience induce risk. Regarding to inflation, yes it is possible for history to repeat itself, in fact, commodities are now gradually increasing, it is too little to be realized but yes it is about to happen sooner.
Firstly yes, the history repeat by itself in a period of the time and it's not just about the economic history but everything in the world. To understand it better let's say the whole ta systems such as price action is using this theory and people believe the history is repeating in a period of the time. But in your post you are saying 'gambling their cash in stocks and crypto' which is not right. Since you know what are you trading and what are you buying it's not gambling at all, you would not say such thing if you correctly manage your risk and know the relation between risk and reward deeply.
for us less fortunate yes it does impact to our lives pretty badly but for rich peeps i dont think they are affected to this . it is possible to escape this problem if we start working hard to improve our lives but i dont recomend gambling for our little money for now because its risky and it will only help you dragged down in poverty if you loose . problems with inflation can repeat but before that happens make sure that our lives are already improved so that we are ready . living smart by using btc instead of fiats can also aids inflation
It is not enough to do just a hard work because if it was then a lot of farmers in my country that are breaking their backs planting crops and such should have paid off but no, they are either exploited or they don't know how to manage their finances and find new streams of passive income. I don't know what country you're in, OP, but where I'm at (the US) inflation hasn't started soaring....yet. I'm anticipating it's going to start taking off, but I just don't know when. We've got all of this stimulus money being put in every citizen's hands, and simple supply and demand would dictate that we should be seeing prices rising more than they are.
And yes, I do think economic history does indeed repeat itself, especially in the stock market (which seems to have a very short memory). Bubbles will continue to happen, depressions will continue--you name it, it'll come in cycles. I do hope the US and some other countries have a plan to contain inflation and monetary devaluation due to all the money printing. We know what the government is doing, but somehow we're never privy to their strategy for the future. That's what concerns me.
And yes, I do think economic history does indeed repeat itself, especially in the stock market (which seems to have a very short memory). Bubbles will continue to happen, depressions will continue--you name it, it'll come in cycles. I do hope the US and some other countries have a plan to contain inflation and monetary devaluation due to all the money printing. We know what the government is doing, but somehow we're never privy to their strategy for the future. That's what concerns me.
I think some countries are really on the verge of inflation. I mean just checkout status of India, the GDP has gone down worst and economic status is not as good as previous 3-4 years.
A simple daily food is costing 4x higher than the normal market rate in my city and around economic cities its even higher. India being the country of farmers most of the wagers are based on the farming only.
Earlier this day, I was shopping in the market and saw that simple lemon and onions costs me 4-5x more than the previous week. This is going crazy day by day.
Yes this is effect of pandemic and with the time the pandemic is getting worst. Inflation is surely true.
I don't know what country you're in, OP, but where I'm at (the US) inflation hasn't started soaring....yet. I'm anticipating it's going to start taking off, but I just don't know when. We've got all of this stimulus money being put in every citizen's hands, and simple supply and demand would dictate that we should be seeing prices rising more than they are.
And yes, I do think economic history does indeed repeat itself, especially in the stock market (which seems to have a very short memory). Bubbles will continue to happen, depressions will continue--you name it, it'll come in cycles. I do hope the US and some other countries have a plan to contain inflation and monetary devaluation due to all the money printing. We know what the government is doing, but somehow we're never privy to their strategy for the future. That's what concerns me.
And yes, I do think economic history does indeed repeat itself, especially in the stock market (which seems to have a very short memory). Bubbles will continue to happen, depressions will continue--you name it, it'll come in cycles. I do hope the US and some other countries have a plan to contain inflation and monetary devaluation due to all the money printing. We know what the government is doing, but somehow we're never privy to their strategy for the future. That's what concerns me.
We have nothing to do about it because no one expected this pandemic to hit us.
But before pandemic comes, there are already inflation and depression in some countries and this pandemic made it worse.
We are glad that we met bitcoin before so we can somehow fight inflation amidst this pandemic. But overall, history will surely repeat itself for some country. I'm also thinking about the future if there is still a pandemic that might hit us soon.
If this pandemic occur from nothing to something then there's also a possibility that more pandemic will hit us sooner or later.
>>https://bitcointalksearch.org/topic/m.56747099
>human emotions and actions towards the market and money remain the same and repeats themselves.
That portray the government effort to encourage changing lifestyle has failed royally.
>people become slightly more knowledgeable there will always be a certain set of new entrants
do you entail everybody living in a constant life, there would be no life changing moment and those dreamer should give up to change?
>>https://bitcointalksearch.org/topic/m.56747439
>good governance, it will slow down the inflation but it cannot flee from it but the good part is that through slowing it
the slow down also coupled by everybody slowing down their work pace, food production come to a halt, consumers begin to wary of spending this slow down, manufacturing slow down, every single economic indicator getting slow down. But would you slow down your life?
>>https://bitcointalksearch.org/topic/m.56747657
>And the "Great Reset" they want to bring up will not be as fun as it sounds. Nobody will remove debts for free.
bank don’t really goes broke, they would goes on operating on the shadow until they’re solvent again, they didn’t have to remove any debt.
>>https://bitcointalksearch.org/topic/m.56747919
>so don't panic.
Don’t panic? That’s cringeworthy.
>decline in costs of doing business.
That’s bs. Inflation impact cost too.
>>https://bitcointalksearch.org/topic/m.56748133
>where prices of essentials are soaring up like hell even if were are on a pandemic situation this event do really make even more worst.People doesnt have work
why not gambling to make a living?
>>https://bitcointalksearch.org/topic/m.56748314
>Why not lessen your daily expenses by growing your own garden, or selling items that you don't need anymore. Live a modest life. Don't buy unnecessary things. Don't depend on others. Look for alternative sources of income. This is not the end of the world.
it is some wishful outcome, in the other words, to change your life style, it has to be failed.
>>https://bitcointalksearch.org/topic/m.56749432
>the specter of private investment firms and mercenary hedge funds gaining billions in managed funds has come back. This could easily lead to one of those spectacular crashes similar to 2008.
“It’s different this time! The rigged winner and loser would swap their position!”
>human emotions and actions towards the market and money remain the same and repeats themselves.
That portray the government effort to encourage changing lifestyle has failed royally.
>people become slightly more knowledgeable there will always be a certain set of new entrants
do you entail everybody living in a constant life, there would be no life changing moment and those dreamer should give up to change?
>>https://bitcointalksearch.org/topic/m.56747439
>good governance, it will slow down the inflation but it cannot flee from it but the good part is that through slowing it
the slow down also coupled by everybody slowing down their work pace, food production come to a halt, consumers begin to wary of spending this slow down, manufacturing slow down, every single economic indicator getting slow down. But would you slow down your life?
>>https://bitcointalksearch.org/topic/m.56747657
>And the "Great Reset" they want to bring up will not be as fun as it sounds. Nobody will remove debts for free.
bank don’t really goes broke, they would goes on operating on the shadow until they’re solvent again, they didn’t have to remove any debt.
>>https://bitcointalksearch.org/topic/m.56747919
>so don't panic.
Don’t panic? That’s cringeworthy.
>decline in costs of doing business.
That’s bs. Inflation impact cost too.
>>https://bitcointalksearch.org/topic/m.56748133
>where prices of essentials are soaring up like hell even if were are on a pandemic situation this event do really make even more worst.People doesnt have work
why not gambling to make a living?
>>https://bitcointalksearch.org/topic/m.56748314
>Why not lessen your daily expenses by growing your own garden, or selling items that you don't need anymore. Live a modest life. Don't buy unnecessary things. Don't depend on others. Look for alternative sources of income. This is not the end of the world.
it is some wishful outcome, in the other words, to change your life style, it has to be failed.
>>https://bitcointalksearch.org/topic/m.56749432
>the specter of private investment firms and mercenary hedge funds gaining billions in managed funds has come back. This could easily lead to one of those spectacular crashes similar to 2008.
“It’s different this time! The rigged winner and loser would swap their position!”
I live as an OP in a country where I believe that inflation is the highest in the world, when countries start with high inflation rates, economic phenomena occur, governments begin to make parks to protect themselves from capital flight, just as it begins with regulations with international business and is currently protected by Crypto and Bitcoin regulations.
People begin to protect themselves with investments in gold, real estate (those who can and have the capacity) buy strong FIAT money, such as dollars, euros, if they have physical gold much better, but from the experience that I have because I have lived, it is that It has a lot to do with the politics and ideology of the rulers, if the government changes its economic model it can give good results avoiding loans to countries or the Central Bank, in conclusion the particular way out it has and if you can is, invest in Crypto, in Bitcoin because when devaluations of the local currency occur, the value of Bitcoin increases in local currency because Bitcoin is deflationary in nature, if you can buy gold and make investments in Real Estate better ... .. if you have time to make those movements you will not doubt, ah and above all, if you can take advantage of all the bank credit in local currency, it does not matter that you get into debt with local currency, you can pay quickly due to the same inflation, this is to get you profit from the crisis generated.
People begin to protect themselves with investments in gold, real estate (those who can and have the capacity) buy strong FIAT money, such as dollars, euros, if they have physical gold much better, but from the experience that I have because I have lived, it is that It has a lot to do with the politics and ideology of the rulers, if the government changes its economic model it can give good results avoiding loans to countries or the Central Bank, in conclusion the particular way out it has and if you can is, invest in Crypto, in Bitcoin because when devaluations of the local currency occur, the value of Bitcoin increases in local currency because Bitcoin is deflationary in nature, if you can buy gold and make investments in Real Estate better ... .. if you have time to make those movements you will not doubt, ah and above all, if you can take advantage of all the bank credit in local currency, it does not matter that you get into debt with local currency, you can pay quickly due to the same inflation, this is to get you profit from the crisis generated.
Price rise and devaluation of our wages as well as savings has been on an uptick ever since the pandemic. Even before the pandemic this was in full swing but with trillions of dollars out in the wild, the specter of private investment firms and mercenary hedge funds gaining billions in managed funds has come back. This could easily lead to one of those spectacular crashes similar to 2008.
The last time it was sub-prime lending. Will it be over-exposure to over-valued stocks of Pharma companies this time??
The last time it was sub-prime lending. Will it be over-exposure to over-valued stocks of Pharma companies this time??
High inflation driving everybody insane. The guy who is running out of money to keep up with the expenditure are pushing themselve to gambling their cash on everything possible, stock market, crypto, commodity. The cycle can be seen in years of the past. It’s not a untold story.
Food price is surely soaring. Some items in the online store soaring in price too, can’t you ignore it wouldn’t impact your daily routine, the inflation drag everybody down into the rabbit hole, no one can escape this chaos.
Inflation isnt something that you should be shocked on because this had been a typical thing or whats currently happening and it may differ on every country because not all would Food price is surely soaring. Some items in the online store soaring in price too, can’t you ignore it wouldn’t impact your daily routine, the inflation drag everybody down into the rabbit hole, no one can escape this chaos.
really be having the similar situation that do happens because politics is one of the major factor that could really make out these situations even more worst.Here on my country
where prices of essentials are soaring up like hell even if were are on a pandemic situation this event do really make even more worst.People doesnt have work
or have less income and this do happens for this timing or situation? It makes even put up on a hard situation.
We are in a global crisis. I think increasing prices of essential goods are observed across the globe. So this problem is not only happening to 1 or 2 countries, but across the globe. And inflation will always be here, we can't avoid this from happening. What you can do is how to tackle this on your own, as you live each day to survive. Why not lessen your daily expenses by growing your own garden, or selling items that you don't need anymore. Live a modest life. Don't buy unnecessary things. Don't depend on others. Look for alternative sources of income. This is not the end of the world.
High inflation driving everybody insane. The guy who is running out of money to keep up with the expenditure are pushing themselve to gambling their cash on everything possible, stock market, crypto, commodity. The cycle can be seen in years of the past. It’s not a untold story.
Food price is surely soaring. Some items in the online store soaring in price too, can’t you ignore it wouldn’t impact your daily routine, the inflation drag everybody down into the rabbit hole, no one can escape this chaos.
Inflation isnt something that you should be shocked on because this had been a typical thing or whats currently happening and it may differ on every country because not all would Food price is surely soaring. Some items in the online store soaring in price too, can’t you ignore it wouldn’t impact your daily routine, the inflation drag everybody down into the rabbit hole, no one can escape this chaos.
really be having the similar situation that do happens because politics is one of the major factor that could really make out these situations even more worst.Here on my country
where prices of essentials are soaring up like hell even if were are on a pandemic situation this event do really make even more worst.People doesnt have work
or have less income and this do happens for this timing or situation? It makes even put up on a hard situation.
The best strategy right now is to develop your own business and invest, though it may be challenging at times like this. Today's situation is the perfect reflection of business cycles. Nothing good can go on forever, but it also works the other way around, so don't panic.
Major breakthroughs, like modern technologies, including crypto bring us prosperity. But at some point, something bad happens, e.g. a catastrophe, endemic, etc. This leads to inflation and all that you've described above.
Soon, I believe, we'll enter the depression stage, which some might see as something bad, but I, on the other hand, view it as a perfect opportunity, because the depression is characterized by stocks devaluation and decline in costs of doing business.
Yes, it's tough right now, but it will bring fruits in the future.
Major breakthroughs, like modern technologies, including crypto bring us prosperity. But at some point, something bad happens, e.g. a catastrophe, endemic, etc. This leads to inflation and all that you've described above.
Soon, I believe, we'll enter the depression stage, which some might see as something bad, but I, on the other hand, view it as a perfect opportunity, because the depression is characterized by stocks devaluation and decline in costs of doing business.
Yes, it's tough right now, but it will bring fruits in the future.
The bubble pop will happen very soon, it's just a matter of time until it does. Just take all negative economical news from 2020 on and you'll find out the repercussions could be so rough those insane preppers may actually not be as crazy as they sound. We will have to pay for all the economical choices our govs have made in the past year and it's a huge price tag.
History does repeat itself, especially economics. We're on the brink of a really bad collapse, whether we like it or not. And the "Great Reset" they want to bring up will not be as fun as it sounds. Nobody will remove debts for free.
History does repeat itself, especially economics. We're on the brink of a really bad collapse, whether we like it or not. And the "Great Reset" they want to bring up will not be as fun as it sounds. Nobody will remove debts for free.
High inflation driving everybody insane. The guy who is running out of money to keep up with the expenditure are pushing themselve to gambling their cash on everything possible, stock market, crypto, commodity. The cycle can be seen in years of the past. It’s not a untold story.
Food price is surely soaring. Some items in the online store soaring in price too, can’t you ignore it wouldn’t impact your daily routine, the inflation drag everybody down into the rabbit hole, no one can escape this chaos.
Increase in inflation depends to the economy of the country you reside. If your country has a good governance, it will slow down the inflation but it cannot flee from it but the good part is that through slowing it down, you barely feel that there's inflation.Food price is surely soaring. Some items in the online store soaring in price too, can’t you ignore it wouldn’t impact your daily routine, the inflation drag everybody down into the rabbit hole, no one can escape this chaos.
Everybody knows about those countries that has hyper inflation which means that they don't have a good economy but people are still striving to beat it before the inflation overtakes what they've got. That's why people who lack knowledge about inflation won't prepare themselves to beat it.
I don't know what country you're in, OP, but where I'm at (the US) inflation hasn't started soaring....yet. I'm anticipating it's going to start taking off, but I just don't know when. We've got all of this stimulus money being put in every citizen's hands, and simple supply and demand would dictate that we should be seeing prices rising more than they are.
And yes, I do think economic history does indeed repeat itself, especially in the stock market (which seems to have a very short memory). Bubbles will continue to happen, depressions will continue--you name it, it'll come in cycles. I do hope the US and some other countries have a plan to contain inflation and monetary devaluation due to all the money printing. We know what the government is doing, but somehow we're never privy to their strategy for the future. That's what concerns me.
People call it history repeats itself but I would like to keep this thing in a different way I think human emotions and actions towards the market and money remain the same and repeats themselves. Every cyclical movement that you see in the market is merely because of human psychology and trading psychology about in what way to react when the prices are going up and in what way to react when the price is moving down. Even after the market matures and people become slightly more knowledgeable there will always be a certain set of new entrants who ready to give up everything to the market due to their immaturity. I feel everything from Economic & Fiscal stimulus to Trading actions are based on this assumption that humans always react in a certain way after seeing the economic/ technical indicators around. And yes, I do think economic history does indeed repeat itself, especially in the stock market (which seems to have a very short memory). Bubbles will continue to happen, depressions will continue--you name it, it'll come in cycles. I do hope the US and some other countries have a plan to contain inflation and monetary devaluation due to all the money printing. We know what the government is doing, but somehow we're never privy to their strategy for the future. That's what concerns me.
>>https://bitcointalksearch.org/topic/m.56746642
>The economy is bad, prices of necessities are through the roof, and all they can think of as a solution is to put people into quarantines
Getting mass quarantine is something unprecedented to anybody, although prices of goods going north, is widely expected.
>the same economic state that we've had 30 years ago.
30 years history is indeed ambitious, the impact would likely be very steep, I wouldn’t imagine anything beyond 5 years.
>Most of the mistakes of that administration is blatantly and obnoxiously being repeated today
This is some of the bad actors that we couldn’t do anything about them, they’re the above the laws and they wouldn’t stop.
>>https://bitcointalksearch.org/topic/m.56746812
>but not all the time that the history did repeat.
There isn’t any evident show that a history existed and getting repeated, they’re mostly wild imagination, however everybody would feel the impact eventually, that’s where we begin to look for the answer.
>the food's price starting to increased due to less people are buying.
Is the price would go north and never going south again? Is there an evident suggest the price might adjust lower in short term wise?
>>https://bitcointalksearch.org/topic/m.56746669
>suppress the inflation rate below 1%. although the price of electricity, gas, house rent seemed to rise a little.
The little inflation might be sending hordes of gamblers goes out of their mind and rambling the entire economy with irrationality.
>The economy is bad, prices of necessities are through the roof, and all they can think of as a solution is to put people into quarantines
Getting mass quarantine is something unprecedented to anybody, although prices of goods going north, is widely expected.
>the same economic state that we've had 30 years ago.
30 years history is indeed ambitious, the impact would likely be very steep, I wouldn’t imagine anything beyond 5 years.
>Most of the mistakes of that administration is blatantly and obnoxiously being repeated today
This is some of the bad actors that we couldn’t do anything about them, they’re the above the laws and they wouldn’t stop.
>>https://bitcointalksearch.org/topic/m.56746812
>but not all the time that the history did repeat.
There isn’t any evident show that a history existed and getting repeated, they’re mostly wild imagination, however everybody would feel the impact eventually, that’s where we begin to look for the answer.
>the food's price starting to increased due to less people are buying.
Is the price would go north and never going south again? Is there an evident suggest the price might adjust lower in short term wise?
>>https://bitcointalksearch.org/topic/m.56746669
>suppress the inflation rate below 1%. although the price of electricity, gas, house rent seemed to rise a little.
The little inflation might be sending hordes of gamblers goes out of their mind and rambling the entire economy with irrationality.
For every bad beat in the economy, politics will always have a role to play. I'm not even surprised anymore that we're experiencing this again.
I am also from the Philippines and we really cannot blame the people on why most of them go out despite the rising cases of people getting infected with the virus. The system of the government failed miserably as they cannot provide families of the means to survive this pandemic. With that in mind, these people do not have the choice but to work. If they do not work, then they won't be able to provide any food for their family.
This pandemic has definitely challenged and proved on how the government of each country operates. You would definitely see the corruption happening blatantly.
You may say it like that but not all the time that the history did repeat. Where i'm from politicians are the reason why many people have to stay home and some businesses are forced to shutdown at the moment and even the food's price starting to increased due to less people are buying. Even the government tried to help but still the money they received from donations aren't enough to provide a current problem due to some people are still unemployed during at this time.
>>https://bitcointalksearch.org/topic/m.56746261
>inflation hasn't started soaring....yet. I'm anticipating it's going to start taking off, but I just don't know when.
Inflation is just one of the properties. The history is an event that’s too much to contained itself into just text writing, we can try to describe it, but I would not possible to replicate fully event with just simple book writing. The very obvious pattern would be getting to know some random guy going crazy over the investing, taking out crazy amount of loan, when the gambling going soar, the gambler couldn’t pay debt and are getting defaulted, the bank which giving loan have to fix this hole in their balance sheet, they would add this bad debt into inflation, by default. The govt. controlled bank has a lot of power to manipulate inflation, they can change inflation with ease at their finger tip. About the history repeat itself, yup it would the gamblers, bank crisis, and inflation clown shows again make history repeat itself, we shall see it coming in the future.
>>https://bitcointalksearch.org/topic/m.56746372
>no one can escape fiat based inflation.
there is one person who can escape from inflation, it would be the guy who are at the top and have power to control over inflation, highly doubt anybody else can escape the history from repeating itself.
>but over long term period, the price will increase.
In the long term, the history repeat itself by introducing more inflation, this would again push everybody into fighting over inflation, it would be a zero sum cat and mouse games.
>>https://bitcointalksearch.org/topic/m.56746443
>you mean they're riskying too much of their money in stock market
Leveraged investment or gambling, which is very common practices, is the leveraged loan always the main culprit of history repeat itself? It’s a tough question, many expert are trying to argue market can be irrational until you stay solvent, it entail you would get insolvent first, the broad market wouldn’t care and keep on being irrational. That’s right they would get into more and more loan and leverage even more than the rules setup on the paper, you would get off guard getting insolvent first, when this occurred you might be at the loss while the gamblers with a lot of bad loan could come scoot free.
>inflation hasn't started soaring....yet. I'm anticipating it's going to start taking off, but I just don't know when.
Inflation is just one of the properties. The history is an event that’s too much to contained itself into just text writing, we can try to describe it, but I would not possible to replicate fully event with just simple book writing. The very obvious pattern would be getting to know some random guy going crazy over the investing, taking out crazy amount of loan, when the gambling going soar, the gambler couldn’t pay debt and are getting defaulted, the bank which giving loan have to fix this hole in their balance sheet, they would add this bad debt into inflation, by default. The govt. controlled bank has a lot of power to manipulate inflation, they can change inflation with ease at their finger tip. About the history repeat itself, yup it would the gamblers, bank crisis, and inflation clown shows again make history repeat itself, we shall see it coming in the future.
>>https://bitcointalksearch.org/topic/m.56746372
>no one can escape fiat based inflation.
there is one person who can escape from inflation, it would be the guy who are at the top and have power to control over inflation, highly doubt anybody else can escape the history from repeating itself.
>but over long term period, the price will increase.
In the long term, the history repeat itself by introducing more inflation, this would again push everybody into fighting over inflation, it would be a zero sum cat and mouse games.
>>https://bitcointalksearch.org/topic/m.56746443
>you mean they're riskying too much of their money in stock market
Leveraged investment or gambling, which is very common practices, is the leveraged loan always the main culprit of history repeat itself? It’s a tough question, many expert are trying to argue market can be irrational until you stay solvent, it entail you would get insolvent first, the broad market wouldn’t care and keep on being irrational. That’s right they would get into more and more loan and leverage even more than the rules setup on the paper, you would get off guard getting insolvent first, when this occurred you might be at the loss while the gamblers with a lot of bad loan could come scoot free.
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