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Topic: "Prepare for deflation in 2023" - page 4. (Read 1378 times)

member
Activity: 124
Merit: 11
January 24, 2023, 01:03:44 PM
#50
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.

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

I think FED will continue increasing interest rates to stabilize prices of commodities and energy, however, it won't lead to Deflation in 2023. Deflation, or sustained decline in prices is never good good for the economy, as it can result in decreased spending & investment, which can lead to decline in economic growth and causes unemployment. If deflation were to occur, FED can use monetary policy tools, such as quantitative easing to stimulate economy.

+1

In best case scenario we could see a glimpse of deflation at the end of 2023.
copper member
Activity: 1260
Merit: 698
Eloncoin.org - Mars, here we come!
January 24, 2023, 12:46:02 PM
#49
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.

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

I think FED will continue increasing interest rates to stabilize prices of commodities and energy, however, it won't lead to Deflation in 2023. Deflation, or sustained decline in prices is never good good for the economy, as it can result in decreased spending & investment, which can lead to decline in economic growth and causes unemployment. If deflation were to occur, FED can use monetary policy tools, such as quantitative easing to stimulate economy.
legendary
Activity: 2898
Merit: 1823
January 24, 2023, 01:10:58 AM
#48

--Snip--


OK, franky-101. You have already made your point. Please stop derailing the topic, and open your own and go start being a drama-queen there. I'm merely trying to make an argument that because of the tightening/QT, it might cause a delationary cycle that could start in 2023.

Plus if the deflationary cycle causes a recession by all definitions, in history, the cabal behind the Federal Reserve has always reacted exceedingly. Based on that, there might be massive QE/BRRRRR-Printing like 2008, and what did that bring to the market? Surges to ATH after ATH, a super cycle.



Quote me if I'm wrong, ignore if I'm right.
legendary
Activity: 4186
Merit: 4385
January 23, 2023, 09:47:13 AM
#47
yet again. revealing more about yourself then you should

yep it was you and doomad in autumn 2019 that cried to mods that your flawed opinions were being critiqued. and then you ever since been tail chasing in circles using the result of your cries as if they are proof that you are right. when all it really is proof of, is that you can cry the loudest and get mommy and daddy mod to react

get away from the social drama of tail chasing your own confirmation biases until you make yourself insane.
learn something new to break your infinity loop

its funny how you quote a mod who was getting frustrated that you lot were crying to him soo much he had to act. where by it was your social clubs cries that he was referring to

thus no facts. just a social drama cycle of your own making

try to stick to real data, not social quotes of your own causality



now to get on topic and explain why i just said all that. you keep failing to know causality of things, you fail to do research, plus when you mention 2023 huge surge.. expect someone to critique your opinion of a huge surge in 2023

if you just want people to agree with you. then record your voice. and play it back to yourself
this is a discussion forum. expect other opinions that differ than your own

stop trying to censor away individuality until all you have left is your echo chamber club of ass kissers



final lesson of the day
if bitcoin value is say $16k in january. and market PRICE(dont confuse the two) is not $17k but instead say $speculating at $22k-$50k

bitcoin is not showing "deflationary" actions. its speculating at a premium away from store of value. thus is having a bubble(inflation) which when it corrects back down to value loses people a % of their wealth rather then protecting it if it stayed at $~17k for now

yep its better to buy 2x btc at $17k each rather than 1btc at $34k
if you are looking for price rises. your not looking to see btc deflation in action. you are looking to see an exit to get fiat. which again is a sign you dint understand the economics of bitcoin and benefits of bitcoin. and you just want to see yourself with fiat riches

..
looking for one off ATH "surges" has nothing to do with bitcoins deflation. what you are looking for is temporary inflation bubbles that correct
legendary
Activity: 2898
Merit: 1823
January 23, 2023, 08:56:10 AM
#46
topic title "in 2023"
topic post content "2023"


Get the context of what's being discussed in the topic, and stop being franky-101. You probably didn't read it with your obvious short-attention-span.

If I'm wrong by 2025 - 2027 then remind me, if I'm right then ignore me.

"in 2023" yet now you want to sneak out of your own timescales

also.. funny thing is all your cries for last couple years about how features activated.. seems this month you finally seen the light. and have been in a topic surprisingly saying along with a couple of your chums the exact process i was describing to you for years.

but hey. seems it took you years of crying to realise it


No one is crying, franky-101, except you and your Flat-Earther friends from the Big Block World SINCE 2017. Hahaha.

you do not understand the reasons for the previous surges nor bothered to calculate their scales not understand the basics of the market window of value:premium to which the PRICE pivots INBETWEEN

if you cannot even work out the value:premium window. you have no clue to then gauge how much volatility possibility the market PRICE can then have inbetween

so instead of trying to give you suggestions to then research.. which you seem to waste years ignoring until it hits you in the face.. ill leave you to let things play themselves out and teach you a lesson the hard way. all by themselves


Don't post as if you truly know EVERYTHING behind EVERYTHING. Because, as many posters have already discovered, you have always lied especially about technical discussions about Bitcoin,

I haven't actually caught franky1 lying, what he does is to differ from many people's opinion which seems to be some general opinions. So, not joining the believe of the crowd doesn't make him a liar. And many as possible he gives detailed analysis to support his claim.

About bitcoin surge or dip, he had always maintained that for this circle, the bitcoin window is opened between $15k to $75. With due diligence, you can see how bitcoin made a u turn after testing 15k and disappointed many that waited for $10k.
I am not saying franky is always right, but give the dude some respect, he is unique and knowledgeable.


OK, we either learn the easy way, or the hard way, https://bitcointalksearch.org/topic/note-franky1-is-banned-from-the-this-subforum-5192937

I learned the hard way.

Let's go back on-topic, or I start reporting to the mods.
legendary
Activity: 4186
Merit: 4385
January 23, 2023, 08:24:06 AM
#45
i am definitely unique

if i was to be another crowd hugger just going with the flow of the social narrative, then thats just spam of no discussion, just ass-kissery

i do offer differing opinions when it matters most, especially when some people get stuck in some social echo chamber of details they didnt learn via researched sources, but just what some other social influencer said

EG instead of researching my opinions. for years windy has taken on the cause of calling me a liar because someone else called me a liar. and so he just circle chased his own tail into perpetual insanity of finger pointing

heres one prime example
gmax's first gripe with me was about "anyonecanspend" opcode being abused to function as the tx format trojan where he and co-devs were ademant that segwit can be soft and people can easily just start making segwit transactions with the anyonecanspend opcode without needing some hard activation of upgrading the nodes and all, nor nodes being ready to service said upgrade should it activate

however it turns out with all his cries and him staying by his beleifs until the last minute, that soft and easy to use segwit adoption he thought was true to him.. wasnt..
reality showed that it ended up needing a contentious hard activation, where unupgraded nodes would be given a stripped down version of blocks and not relayed on purpose zero-confirm segwit tx's..
and even after activation, a delay of many months until core deemed it safe to then release the wallet functionality to then make segwit transactions.. (they wanted to ensure the unupgraded nodes had enough upgraded nodes to filter the unupgraded nodes to the edges of the network. as end points. not midpoint peers)
 so they end up taking my point.. even though it must have felt like to them they were getting their head beaten to the wall before they realised it

its not about knowing everything.
its about actually giving a crap to learn things outside some scope certain people want to pigeon hole people
its about knowing bitcoin is not some self creating AI code. its made by devs
its about caring about bitcoin enough to want to learn and also review and critique those that have the power to change or add bugs into the protocol
its about not kissing ass because there are already too many sleep ass kissers, we dont need more of them

case-in-point
windy thinks bitcoins price is reflective of the FIAT inflation.. (facepalm)
no bitcoins market price is not about how much large money is thrown at a market

i can easily do some whale trades of large money to keep the price at the same price.. oh wait someone else is doing that most weeks (note the resistance wall of $17k in december the 21.5k wall early jan and the $23k wall those week)

bitcoins market is not dependant on all the 19m coins of circulation either

yes as a simplification bitcoin is deflationary meaning looking at the 4 year view bitcoin moves up in price and value compared to previous. as oppose to fiats inflation where every few years you get to buy LESS bread(down value) for same amount of fiat

but to suggest x=y as a exact mirror of the minutia of daily price. . nope. theres no correlation

2022 seen alot more institutional investors doing futures option on bitcoin which caused the "step down" correction pattern rather than a free market of speculation

2023 will see some stepping up but not for reasons windy heard from some other social influencer
legendary
Activity: 1078
Merit: 1022
Hello Leo! You can still win.
January 23, 2023, 05:23:03 AM
#44
you do not understand the reasons for the previous surges nor bothered to calculate their scales not understand the basics of the market window of value:premium to which the PRICE pivots INBETWEEN

if you cannot even work out the value:premium window. you have no clue to then gauge how much volatility possibility the market PRICE can then have inbetween

so instead of trying to give you suggestions to then research.. which you seem to waste years ignoring until it hits you in the face.. ill leave you to let things play themselves out and teach you a lesson the hard way. all by themselves


Don't post as if you truly know EVERYTHING behind EVERYTHING. Because, as many posters have already discovered, you have always lied especially about technical discussions about Bitcoin,
I haven't actually caught franky1 lying, what he does is to differ from many people's opinion which seems to be some general opinions. So, not joining the believe of the crowd doesn't make him a liar. And many as possible he gives detailed analysis to support his claim.

About bitcoin surge or dip, he had always maintained that for this circle, the bitcoin window is opened between $15k to $75. With due diligence, you can see how bitcoin made a u turn after testing 15k and disappointed many that waited for $10k.
I am not saying franky is always right, but give the dude some respect, he is unique and knowledgeable.
legendary
Activity: 4186
Merit: 4385
January 23, 2023, 01:30:26 AM
#43
topic title "in 2023"
topic post content "2023"

If I'm wrong by 2025 - 2027 then remind me, if I'm right then ignore me.

"in 2023" yet now you want to sneak out of your own timescales

also.. funny thing is all your cries for last couple years about how features activated.. seems this month you finally seen the light. and have been in a topic surprisingly saying along with a couple of your chums the exact process i was describing to you for years.

but hey. seems it took you years of crying to realise it

heck even your defenders/girlfriends blackhat & doomad are both admitting that their favoured LN is not the scaling solution and admits LN cant cope with all bitcoin utility offramps they were promoting..
and now even saying how the 2017 contentious hardfork was not about scaling (another broken promise) and all that crap.. seems they and you are quick to suddenly agree with my versions of events after all
so welcome to 2023 a fresh start

so.. like i just said in previous post
ill let time itself teach you a lesson. seems its the only way you will learn

oh
and i dont even pretend or try to know everything about everything.. thats what research is for .. TO LEARN
try it
legendary
Activity: 2898
Merit: 1823
January 23, 2023, 01:12:55 AM
#42
you do not understand the reasons for the previous surges nor bothered to calculate their scales not understand the basics of the market window of value:premium to which the PRICE pivots INBETWEEN

if you cannot even work out the value:premium window. you have no clue to then gauge how much volatility possibility the market PRICE can then have inbetween

so instead of trying to give you suggestions to then research.. which you seem to waste years ignoring until it hits you in the face.. ill leave you to let things play themselves out and teach you a lesson the hard way. all by themselves


Don't post as if you truly know EVERYTHING behind EVERYTHING. Because, as many posters have already discovered, you have always lied especially about technical discussions about Bitcoin, you have disinformed and gaslighted newbies during the Scaling Debate, everyone can see the proof in your trust-rating.

I know that what I said is debatable, but I'm merely arguing for a deflationary event followed by massive QE and a massive inflationary event when Money Printer goes BRRRRR. Bitcoin will surge, and surge like it was 2015 - 2017. If I'm wrong by 2025 - 2027 then remind me, if I'm right then ignore me.
legendary
Activity: 4186
Merit: 4385
January 23, 2023, 01:03:41 AM
#41
you do not understand the reasons for the previous surges nor bothered to calculate their scales nor understand the basics of the market window of value:premium to which the PRICE pivots INBETWEEN

if you cannot even work out the value:premium window. you have no clue to then gauge how much volatility possibility the market PRICE can then have inbetween the window frame

so instead of trying to give you suggestions to then research.. which you seem to waste years ignoring until it hits you in the face.. ill leave you to let things play themselves out and let the markets teach you a lesson the hard way. all by themselves

you mention the surges of 2011-13-15-17    which range from 10x-100x
im going to say a window of 2x-10x at most

see ya next year
legendary
Activity: 2898
Merit: 1823
January 18, 2023, 01:36:22 AM
#40
as for the windfuryism that he thinks there will be an event of a 60x (2015:$333-2017:$20k) in 2023..


There you are again, trying to disinform and gaslight people into believing your lies. Have I said of 60x event in 2023? IN 2023? Haha. Newbies only need to look at your trust rating to know.

I said in 2023 there will be a period of deflation, which means there will be low demand and maybe NEAR ZERO interest inflation rate. How will the cabal behind the Federal Reserve react? I believe they will over-adjust like what they have done in the past, and do massive QE, which will bring Bitcoin surging like it did during 2015 - 2017, OR probably 2011 - 2013? Cool

oh you love to cry and shout gaslight even without you even using the buzzword in correct context, especially when its you that is failing to remember your own words or even do the maths of the stuff you try to imply. or even basic research on your implications..
how abut cry less. buzzword less and spend the time doing some research, calculations, and work things out for yourself

anyways
you said


 Roll Eyes

There's nothing that you can say or tell me that would remove that negative trust-rating in your profile. You brought this to yourself because you truly gaslighting people, and spread disinformation, then when it doesn't work, you start name-calling and tell lies about the person and put words in their mouths. That's franky 101. Haha.

Prepare to experience a big surge for Bitcoin like it was 2015 - 2017 Cool

so i done the math on which you implied your expected "big surge" to be
so i said what that "big surge" was(by doing the research and math for you):
(333->20k) because thats what you said to expect this year to be like('like it was 2015-2017')
its called maths & research.
a surge from 333->20k in 2015-2017= 60x
so yes you said expect a big surge like 2015-17
so yes you implied a surge like the 60x surge of your specified date


and now you are trying to suggest that there would be a 2011-13 style surge
(facepalm)
a $0.30 -> $1200 = 4000x
or $30 -> $1200 = 40x
a $3 -> $1200 = 400x
(depending on what part of 2011 you want to include)

seriously you are trying to play the fool but then double down and double down and double down on your absent mindedness to go even further into fantasy land then pretend you never said what you said because you didnt include the simple maths you imply, even though you still made the implication.


 Roll Eyes

franky 101.

Quote

now a lesson for you, yet again
what you are not realising is that the "surges" per cycle get less and less volatile.. not more

end of story


What you are not realising is that after the tightening and a cycle of deflation, GIGANTIC QE and expansion will be coming, another overadjustment, making everything surge like it was 2015 - 2017, or maybe 2011 - 2013? Cool

Back on topic, https://www.coxautoinc.com/market-insights/auto-market-weekly-summary-january-13/

That's probably showing that deflation is starting, no?
legendary
Activity: 1904
Merit: 1096
Leading Crypto Sports Betting & Casino Platform
January 17, 2023, 10:23:00 AM
#39
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.

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
It's tricky. I'm not an economist either, but the Fed's decisions can affect the economy. If deflation occurs and conditions worsen, they may print more money. However, when money loses value, people will seek alternatives. Crypto helps. Bitcoin, in particular, thrives during recessions. It protects money.

If deflation occurs and the Fed prints more money, Bitcoin's value may rise significantly. Though unlikely, it's worth considering. If it happens, investors and wealth protectors may benefit. The Fed and government don't influence Bitcoin's price. It's decentralised, so nobody can print more. That's its strength. It's inflation-proof. As more people see Bitcoin's benefits, I think it'll become as strong as the present monetary system, if not greater
legendary
Activity: 4186
Merit: 4385
January 17, 2023, 09:06:38 AM
#38
as for the windfuryism that he thinks there will be an event of a 60x (2015:$333-2017:$20k) in 2023..


There you are again, trying to disinform and gaslight people into believing your lies. Have I said of 60x event in 2023? IN 2023? Haha. Newbies only need to look at your trust rating to know.

I said in 2023 there will be a period of deflation, which means there will be low demand and maybe NEAR ZERO interest inflation rate. How will the cabal behind the Federal Reserve react? I believe they will over-adjust like what they have done in the past, and do massive QE, which will bring Bitcoin surging like it did during 2015 - 2017, OR probably 2011 - 2013? Cool

oh you love to cry and shout gaslight even without you even using the buzzword in correct context, especially when its you that is failing to remember your own words or even do the maths of the stuff you try to imply. or even basic research on your implications..
how abut cry less. buzzword less and spend the time doing some research, calculations, and work things out for yourself

anyways
you said
Prepare to experience a big surge for Bitcoin like it was 2015 - 2017 Cool

so i done the math on which you implied your expected "big surge" to be
so i said what that "big surge" was(by doing the research and math for you):
(333->20k) because thats what you said to expect this year to be like('like it was 2015-2017')
its called maths & research.
a surge from 333->20k in 2015-2017= 60x
so yes you said expect a big surge like 2015-17
so yes you implied a surge like the 60x surge of your specified date


and now you are trying to suggest that there would be a 2011-13 style surge
(facepalm)
a $0.30 -> $1200 = 4000x
or $30 -> $1200 = 40x
a $3 -> $1200 = 400x
(depending on what part of 2011 you want to include)

seriously you are trying to play the fool but then double down and double down and double down on your absent mindedness to go even further into fantasy land then pretend you never said what you said because you didnt include the simple maths you imply, even though you still made the implication.

now a lesson for you, yet again
what you are not realising is that the "surges" per cycle get less and less volatile.. not more

end of story
legendary
Activity: 2898
Merit: 1823
January 16, 2023, 03:38:45 AM
#37
How would we plebs know? We wouldn't until recession comes and demand goes down, and if I'm wrong then I'm wrong. But wait until the end of 2023. Cool

I "know" (and yeah I don't, I agree we have to wait) in the sense that overadjustment would have shown itself already, that's not something that gradually happens, if it's gradually going down, then we could stop that too and make it stay right where it suppose to. Did inflation go up slowly? No, when it happened it was suddenly a ton of issues right as soon as they printed it, and that means deflation would be similar as well in that sense.


Do you disagree to the fact that inflation is a, and has always been, a "monetary phenomenon"? I'm truly confused what your viewpoint is, if you can post it with a clearer context, then maybe I could deliver my own viewpoint.

Plus I'm merely talking in a historical sense. The cabal behind the Federal Reserve/other central banks have been incompetent, their policies have been causing the economic boom, bust cycles.


I don't know what you mean when you post about "2019", BUT we have seen a massive overadjustment by Central Banks during 2020 when the COVID-19 Pandemic/Lockdowns happened all around the world. The Central Banks pumped so much money into the system which caused high inflation. They said it was transitory, but we knew it wasn't.


The idea about 2019 was that, 2023 will be similar to 2019 in the economical sense, do you agree that 2020 and 2021 and 2022 was a bad year?


What is the "economical sense"? I don't understand.

Quote

Do you agree that 2019 was better than all those years and yet not so great like we were buying houses like we bought candy? Well, that's where we will go back to. Better than 2020-2022 period but not too great.


For your information QE started probably during 2008 which gave the system so much liquidity that credit was easy to make people buy houses "like candy", with some minor QT in between, until during the fourth quarter of 2021 when the Federal Reserve announced that they would do massive QT because inflation wasn't actually transitory.

It wasn't because people were rich that made them buy house like candy, it was because it was easy to get a mortgage because liquidity was high. Ask those people who bought houses, "like candy", how they're mortgages are today.
full member
Activity: 2086
Merit: 193
January 14, 2023, 05:34:45 PM
#36
Doesn't seem likely for inflation to stop in in 2023 for two reason: The central banks has essentially accepted that a recession will happen therefore they haven't tried to ease interest rates to achieve a slow landing. They aggressively hiked interest rates and accept the potential recession as a result. Second -- the state of money printing nearly every country participated in back in 2020 saw the creation of more money than the world has ever seen. This does not solve itself within just a few years.
Recession is cyclical, and many government anticipate this already and yeah their solution is to increase the interest rates so people will not borrow that much and spend that much. Probably, the economy of many countries are already on a recovery phase as well and avoided a huge impact of a possible recession. With Bitcoin, this might be the safe have and probably we might see some good volume. The pump with Bitcoin recently is a good start, we might see more of this in the first quarter.
full member
Activity: 1050
Merit: 140
January 14, 2023, 05:30:31 PM
#35
Prepare to experience a big surge for Bitcoin like it was 2015 - 2017 Cool
We passed on a bear market for an entire year and the cycle that we believe happens is going to set a bull run. That's what we're set to believe and if the same run just as those years, it's going to be a big bull run again.

But as years have seen that there could be a change which is about to come and just as you've said, the bull run might come earlier than expected.

Anyway, if it goes like that then I'm thankful but if not then that's just fine.
Not so fast my friend. The halving which is a guaranteed bull for bitcoin wouldn't happen until sometime next year. Don't get me wrong, I would love to have a bull run as soon as possible as much as the next guy but insinuating one would happen now, especially with multiple scandals coming in and out of the industry is a little too ambitious if not nigh impossible. The bear market is pretty much far from over and i don't want to be the bearer of bad news but may stick around for a little while, unless something happens sometime around June. Then again bitcoin never failed to surprise me so something may just come around. If so I'd come back to this post and congratulate you.
I think the bull run can come at any time and doesn't only limited to the halving event. Halving sure have some positive effects to Bitcoin (it reduces its supply, making it more scarce) but I don't think it can guarantee a bull run. It's just people are only too optimistic about it leading for them to buy more and Hodl which can be the main cause of the pump.

I haven't seen any negative news lately but just positive news like the one did there by El Salvador in the Miss Universe event. Now the world sees Bitcoin more, they will now be confident about it. Who knows, what if this can trigger an early bull run? Some people are just itchy as we know last year was full of stress and losses.
hero member
Activity: 2464
Merit: 585
January 14, 2023, 12:11:06 PM
#34
How would we plebs know? We wouldn't until recession comes and demand goes down, and if I'm wrong then I'm wrong. But wait until the end of 2023. Cool
I "know" (and yeah I don't, I agree we have to wait) in the sense that overadjustment would have shown itself already, that's not something that gradually happens, if it's gradually going down, then we could stop that too and make it stay right where it suppose to. Did inflation go up slowly? No, when it happened it was suddenly a ton of issues right as soon as they printed it, and that means deflation would be similar as well in that sense.

I don't know what you mean when you post about "2019", BUT we have seen a massive overadjustment by Central Banks during 2020 when the COVID-19 Pandemic/Lockdowns happened all around the world. The Central Banks pumped so much money into the system which caused high inflation. They said it was transitory, but we knew it wasn't.
The idea about 2019 was that, 2023 will be similar to 2019 in the economical sense, do you agree that 2020 and 2021 and 2022 was a bad year? Do you agree that 2019 was better than all those years and yet not so great like we were buying houses like we bought candy? Well, that's where we will go back to. Better than 2020-2022 period but not too great.
legendary
Activity: 2898
Merit: 1823
January 14, 2023, 04:30:24 AM
#33
Please get the context of the topic. I'm NOT saying the cabal will do it RIGHT NOW, I'm merely saying that they're response from their overadjustment WILL BE another overadjustment. franky1 is right, there has always been inflation, and in the current cycle, it may have already peaked. But if anyone believes that the inflation numbers we saw last year would be the highest, then it's laughable. We'll probably experience something worse in ten years.

Furthermore, CPI print is lower month on month, and the rate of inflation is also declining year on year. That might be the first signs that a cycle of deflation might be coming during 2023.

I do not agree with this, they did not overadjusted the situation, they adjusted just right and it will go back to regular life like we had in 2019. Was it economically awesome? Were we all super wealthy and lived an amazing life?


How would we plebs know? We wouldn't until recession comes and demand goes down, and if I'm wrong then I'm wrong. But wait until the end of 2023. Cool

Quote

Of course not, economy was always bad for people like me, I still failed to buy many things, but it wasn't as bad as the last 2 years, and it will get better eventually which I am sure that it will cause a lot of trouble for many people, but then it will get better in the long term as well when the time comes and right now it's that better time. We are going back to 2019 if you ask me, not a great life, but a better one.


I don't know what you mean when you post about "2019", BUT we have seen a massive overadjustment by Central Banks during 2020 when the COVID-19 Pandemic/Lockdowns happened all around the world. The Central Banks pumped so much money into the system which caused high inflation. They said it was transitory, but we knew it wasn't.
hero member
Activity: 1988
Merit: 875
Leading Crypto Sports Betting and Casino Platform
January 13, 2023, 05:47:59 PM
#32
Prepare to experience a big surge for Bitcoin like it was 2015 - 2017 Cool
We passed on a bear market for an entire year and the cycle that we believe happens is going to set a bull run. That's what we're set to believe and if the same run just as those years, it's going to be a big bull run again.

But as years have seen that there could be a change which is about to come and just as you've said, the bull run might come earlier than expected.

Anyway, if it goes like that then I'm thankful but if not then that's just fine.
Not so fast my friend. The halving which is a guaranteed bull for bitcoin wouldn't happen until sometime next year. Don't get me wrong, I would love to have a bull run as soon as possible as much as the next guy but insinuating one would happen now, especially with multiple scandals coming in and out of the industry is a little too ambitious if not nigh impossible. The bear market is pretty much far from over and i don't want to be the bearer of bad news but may stick around for a little while, unless something happens sometime around June. Then again bitcoin never failed to surprise me so something may just come around. If so I'd come back to this post and congratulate you.
hero member
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January 13, 2023, 05:29:22 PM
#31
Please get the context of the topic. I'm NOT saying the cabal will do it RIGHT NOW, I'm merely saying that they're response from their overadjustment WILL BE another overadjustment. franky1 is right, there has always been inflation, and in the current cycle, it may have already peaked. But if anyone believes that the inflation numbers we saw last year would be the highest, then it's laughable. We'll probably experience something worse in ten years.

Furthermore, CPI print is lower month on month, and the rate of inflation is also declining year on year. That might be the first signs that a cycle of deflation might be coming during 2023.
I do not agree with this, they did not overadjusted the situation, they adjusted just right and it will go back to regular life like we had in 2019. Was it economically awesome? Were we all super wealthy and lived an amazing life?

Of course not, economy was always bad for people like me, I still failed to buy many things, but it wasn't as bad as the last 2 years, and it will get better eventually which I am sure that it will cause a lot of trouble for many people, but then it will get better in the long term as well when the time comes and right now it's that better time. We are going back to 2019 if you ask me, not a great life, but a better one.
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