Topic: Financial Crisis Will Come - page 16. (Read 19916 times)
absolutely right, the crisis will come this month, because all coin prices are dying, maybe until November we have to work in the real world, if only depends on the income from bitcoin we will not get money or income.
this is not something new, financial crisis will always be part of our economy and everything and everyone will be affected since it is considered inevitable.
IMO, gold is the most stable investment tool compare bitcoin.
Yes ,bitcoin will give you more profit but it can also give you more losses than gold. But if you keep insist to use bitcoin as main investment, just make sure that you've prepare the worst !
Focus on bitcoin without doing extra work for revenue. It is very difficult to survive long because you are not a whale. Doing so is time consuming and costly. Keep focusing on it too much will take away the other opportunity to make money, and if it does not rise surely you will fail. Yes ,bitcoin will give you more profit but it can also give you more losses than gold. But if you keep insist to use bitcoin as main investment, just make sure that you've prepare the worst !
Economic growth comes from a production base that produces more goods/services than previously existed, and more consumption of those goods/services, not from more money in the system. If you print a trillion extra dollars and release it into the economy, the only thing you've done is created inflation, you haven't grown the economy at all.
This is true in a fundamental sense, but often untrue in a technical sense, if the system is manipulated by the elites (as it always is.)
When a lot of money is created out of thin air, many behaviors change. People tend to consume now rather than later. This tends to drive up the prices of commodities and other productive assets too, and so will generate an investment boom as well. The entire set of supply and demand is distorted, generally to the benefit of the elites. (There will be more choices in luxuries, providing less stable employment for the average person.) And this entire bubble can last for a while. In a technical sense, 'growth' does happen.
But of course this is not the growth we want. This is the growth we have, because the elites like it that way.
The only way inflation doesn't occur is when the rate of monetary expansion matches the rate of natural economic expansion. Because that is practically impossible to achieve, the Fed's stated goal is inflation of 2%...
This is 'impossible to achieve' only because we have a rigged system. This would be the natural, free market based, steady state, in general and over the long term, absent the rigging. (Either that, or a harmless, gentle, and expected deflation over the long term.)
It strikes me that you really should be intelligent enough to see what I'm trying to say. That you don't even answer my main points raises questions as to why you're here at all.
IMO, gold is the most stable investment tool compare bitcoin.
Yes ,bitcoin will give you more profit but it can also give you more losses than gold. But if you keep insist to use bitcoin as main investment, just make sure that you've prepare the worst !
Yes ,bitcoin will give you more profit but it can also give you more losses than gold. But if you keep insist to use bitcoin as main investment, just make sure that you've prepare the worst !
That is right. Bitcoin is one of the most volatile crypto currency investment you can have and that also means the risk is high but with high reward. I do hope that people who are saying that Bitcoin is just a bubble since they've lost their investment because of it, there are times for the pump and it don't happen every time someone invested on it. We just need to be patient.
IMO, gold is the most stable investment tool compare bitcoin.
Yes ,bitcoin will give you more profit but it can also give you more losses than gold. But if you keep insist to use bitcoin as main investment, just make sure that you've prepare the worst !
Yes ,bitcoin will give you more profit but it can also give you more losses than gold. But if you keep insist to use bitcoin as main investment, just make sure that you've prepare the worst !
That is right. Bitcoin is one of the most volatile crypto currency investment you can have and that also means the risk is high but with high reward. I do hope that people who are saying that Bitcoin is just a bubble since they've lost their investment because of it, there are times for the pump and it don't happen every time someone invested on it. We just need to be patient.
IMO, gold is the most stable investment tool compare bitcoin.
Yes ,bitcoin will give you more profit but it can also give you more losses than gold. But if you keep insist to use bitcoin as main investment, just make sure that you've prepare the worst !
Yes ,bitcoin will give you more profit but it can also give you more losses than gold. But if you keep insist to use bitcoin as main investment, just make sure that you've prepare the worst !
financial crisis will happen in the future adn we can't doubt about that, at least all of that every goverment or people itself need to prevent the crisis by themself it called survive in the modern day
As long central banks keep printing money as they like, inflation and crisis always following. Central banks always want economy growth but inflation always increasing and they always make excuse that its needed without transparancy using new money they print
Great point, thanks. But you know what mainstream (also known as house-pet) economists will say to that? They will say, without central banks injecting money into the economy, there would be no growth. Without central banks printing money to bail out the system, the crises would kill the economy completely.
The truth is that natural market incentives would push the right amount of investments, at the right time, into the right projects, to grow the economy. Who doesn't want to invest in a new venture with real hope for profit? As for the crises that are severe, their existence is invariably the result of state-bank elites inflating the monetary or financial market, using state power, in the first place.
Ultimately, the question is not hard or soft money, and not whether we should have inflation or deflation, at any given time. The question is who should have the power to decide. Is it the free market? Or the elites? The system we have puts the power in the hands of the elites, for the purpose of benefiting them at the expense of everyone else, while claiming that we must give them the power and trust them that they have our best interest at heart.
I don't know that anyone would say that because it doesn't at all seem to be true. Economic growth comes from a production base that produces more goods/services than previously existed, and more consumption of those goods/services, not from more money in the system. If you print a trillion extra dollars and release it into the economy, the only thing you've done is created inflation, you haven't grown the economy at all. The only way inflation doesn't occur is when the rate of monetary expansion matches the rate of natural economic expansion. Because that is practically impossible to achieve, the Fed's stated goal is inflation of 2%, which offers a predictable range to strive for. By phrasing the argument as you have, you've constructed a strawman for the purpose of creating a rebuttal, but neither the premise or the rebuttal tracks very closely with what actually happens.
"I don't know that anyone would say that":
It's always a bit of a hazard to argue what your opponent's actual view point is, of course. That said, my 'strawman' was based on the standard establishment-economist argument that hard money is deflationary by nature, since people will hoard money and destroy spending and investment, if prices don't go up. This is a standard economic argument against such assets as gold and Bitcoin. The implication, of course, is that there would be no growth without central bank printed money, since growth is ultimately what we want.
I of course agree with your discussion on printing money vs. growing the economy. The problem, again, is that you forget to ask 'who decides what is the best way to grow the production base, the markets or the elites?' Now, this is not to say the elite-controlled 'market economy' we have never produces growth, but I submit that this growth is unnaturally fast and ultimately counter-productive as it pollutes many other areas of life, even if it's successfully pulled off.
As the recurring crises (even at the top countries of the system) show, 'pulled off' can also have highly relative meanings, depending on what time period you use!
As long central banks keep printing money as they like, inflation and crisis always following. Central banks always want economy growth but inflation always increasing and they always make excuse that its needed without transparancy using new money they print
Great point, thanks. But you know what mainstream (also known as house-pet) economists will say to that? They will say, without central banks injecting money into the economy, there would be no growth. Without central banks printing money to bail out the system, the crises would kill the economy completely.
The truth is that natural market incentives would push the right amount of investments, at the right time, into the right projects, to grow the economy. Who doesn't want to invest in a new venture with real hope for profit? As for the crises that are severe, their existence is invariably the result of state-bank elites inflating the monetary or financial market, using state power, in the first place.
Ultimately, the question is not hard or soft money, and not whether we should have inflation or deflation, at any given time. The question is who should have the power to decide. Is it the free market? Or the elites? The system we have puts the power in the hands of the elites, for the purpose of benefiting them at the expense of everyone else, while claiming that we must give them the power and trust them that they have our best interest at heart.
I don't know that anyone would say that because it doesn't at all seem to be true. Economic growth comes from a production base that produces more goods/services than previously existed, and more consumption of those goods/services, not from more money in the system. If you print a trillion extra dollars and release it into the economy, the only thing you've done is created inflation, you haven't grown the economy at all. The only way inflation doesn't occur is when the rate of monetary expansion matches the rate of natural economic expansion. Because that is practically impossible to achieve, the Fed's stated goal is inflation of 2%, which offers a predictable range to strive for. By phrasing the argument as you have, you've constructed a strawman for the purpose of creating a rebuttal, but neither the premise or the rebuttal tracks very closely with what actually happens.
As long central banks keep printing money as they like, inflation and crisis always following. Central banks always want economy growth but inflation always increasing and they always make excuse that its needed without transparancy using new money they print
Great point, thanks. But you know what mainstream (also known as house-pet) economists will say to that? They will say, without central banks injecting money into the economy, there would be no growth. Without central banks printing money to bail out the system, the crises would kill the economy completely.
The truth is that natural market incentives would push the right amount of investments, at the right time, into the right projects, to grow the economy. Who doesn't want to invest in a new venture with real hope for profit? As for the crises that are severe, their existence is invariably the result of state-bank elites inflating the monetary or financial market, using state power, in the first place.
Ultimately, the question is not hard or soft money, and not whether we should have inflation or deflation, at any given time. The question is who should have the power to decide. Is it the free market? Or the elites? The system we have puts the power in the hands of the elites, for the purpose of benefiting them at the expense of everyone else, while claiming that we must give them the power and trust them that they have our best interest at heart.
Yes, and that will be in favor of bitcoin
Definitely it will come, but not near future, it could be thousand of years and no one knows when the exact time. It will only starts once all resources have been gone all over the world and war could be triggered resulting of Financial crisis.
It is absolutely true that no one will know for sure. The nature of state-sponsored bubbles is that the elites will do everything in their (considerable) power to prop up the bubbles, until the effort is no longer worth the reward to them (ie perhaps until it would destroy the semi-free-market and semi-democratic nature of the system on which their power is ultimately based.) So there is no way for outsiders to tell exactly when the bubble will collapse. The average person simply doesn't know enough details about events.
That said, 'thousand years' is perhaps too long, based on the time sequence of crises in the past, in the top countries of the system, that I listed in the OP. Again, we have to take note of the *incentives* that are inherent in this system, where the elites are encouraged to destabilize their own system, as long as crisis doesn't happen under their individual watch.
We have been through so many economical difficulties, that people should have had a wake up call years ago already....
I'm convinced that the reason people don't wake up to the reality of elite-inflated bubbles is that the media is part of the story-telling machine that numbs the public.
See this thought-provoking piece about this basic reality. Ben Hunt argues that we as a species are genetically programmed to respond to simplifying models (that he calls 'memes' and 'narratives') much more positively than we realize consciously. And the powerful people who run this world understand this better than we do.
Government might be responsible for influencing media. If they report this accurately, it can cause huge panic and the financial crisis can happen sooner.
It's actually happening already. Some of you might have not feel that yet but those people in the lower level can really feel the hardship of the financial crisis. And especially in 3rd world countries. But I think this is the best time for us to arise and stand out. This cryptocurrency is a way to help other people in crisis. The government will get an idea that this is not scam and is helpful.
It may not be felt yet by those living in developed countries but for those who are living in developing countries, the financial crisis is already happening due to rising prices of basic commodities but just the same amount of income which results to a shortage that's why one should not only have a single source of income especially if one is working for a company because anytime it can go bankrupt especially in times like this when there is a financial crisis. This may be the time when cryptocurrency would be more attractive to invest in since they can already see the effects of inflation and cryptocurrency is deflationary.
Multiple source of income is ideal and it shouldn't be just about investing in traditional markets because when I observed what is happening now like in stocks, their portfolio is bleeding so an investment in business or real estate wherein one has a fixed source of income is good hedge in times of financial crisis. Perhaps, an investment in cryptocurrencies is an ideal hedge as well.
It's actually happening already. Some of you might have not feel that yet but those people in the lower level can really feel the hardship of the financial crisis. And especially in 3rd world countries. But I think this is the best time for us to arise and stand out. This cryptocurrency is a way to help other people in crisis. The government will get an idea that this is not scam and is helpful.
As long central banks keep printing money as they like, inflation and crisis always following. Central banks always want economy growth but inflation always increasing and they always make excuse that its needed without transparancy using new money they print
Financial Crisis will come whether we like it or not and I predict it will be very soon. For me, it is the time for opportunities to buy and hold assets.
In every era, every year, every month, financial crises come in some variant forms. People become victim of this illness for long team and short time as well. Many, who didn’t have planned at right time with right measure, they always undergo this harmful time period and then lose much of their assets. But those who catered for it prier, they are mostly in safe zone and make good results.
The financial crisis will come - it's a fact, a question only in time, when this happens. And what will be the spark, the starting point. Today's money (paper) is essentially debts, which in turn generate new debts. Financial instruments and deriatives can and solve the current needs of governments and financiers, but at the same time exacerbate the situation as a whole. Valuable metals are a value, proven by time. A bitcoin - while you can only guess how the price will behave in troubled times.
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