precious metals and crypto currencies are the only things in the world that can be money, simply because you can't easily create more of them and they store alot of purchasing power in a compact package.
banks printing fiat money and arbitrarily investing it are causing the misallocation of resources, shifting production resources from goods people really want to crap nobody needs.
their central planning experiment will destroy the fiat economy before the end of this decade.
jump off the titanic and get on the bitcoin life boat, its going to be rough...
banks printing fiat money and arbitrarily investing it are causing the misallocation of resources, shifting production resources from goods people really want to crap nobody needs.
their central planning experiment will destroy the fiat economy before the end of this decade.
jump off the titanic and get on the bitcoin life boat, its going to be rough...
There is time to buy and there is time to sell. Now all should sell. Will be good time to buy just in month time.
no one knows what will happen in a month.
but i can tell you what will happen in at most 6 years.
bad unprofitable companies (that would have never existed in the first place if it weren't for the massive money printing that has happened in the last 7 years), will start to fail.
this will cause the stock market to crash similar to 2000 and 2007.
this will cause the world's central banks to unleash an even bigger dose of money printing in an attempt to prop the markets back up.
which will cause massive price inflation and a loss of confidence in paper money, pushing hard assets like real estate, precious metals and bitcoin through the roof as everyone tries to sell bonds and fiat cash to buy real assets.
don't fool yourself, no paper money system has ever survived, none, they all failed.
this time is NOT different.
