I think they’re done with the money printer for a while. I could be wrong, and I’m not selling my bitcoin, but I am keeping my day job with the expectation that financial assets drop a great deal in price over the next 3 years or so.
After they make everyone poor and buy up all the assets, then they’ll print more money.
I prepare for all scenarios & live happy everyday 💗
Yes! And meaningful work is a blessing.
See, I think the reason they print in the first place is because they’re terrible with money. There is no incentive to be wise or even that strategic (at the systemic level).
I think they’ll be the reason assets drop, pushing the everything bubble until it pops. Then they’ll bail themselves out again.
If competition starts to disrupt this process, then they’ll just change the rules.
Either way, stacking sats remains the winning move.
Hopefully. But Powell's term is up next May and they will want the economy running hot going into the midterms. I'm thinking that could be when rates drop and money printer starts cranking up.
Good point. Powell can’t keep his thumb on the money supply forever.
The ECB just cut rates
Yeah. I don’t think they like this plan. They want moar asset price inflation now. They’re not ready to buy stuff.
They are not done with the money printer. Financial assets can totally drop a great deal in the next 3 years but also your beer will be 30% more expensive. There will not be a stop in printing shoving that worthless cash into desire able assets and making everyone poor. Even with cycles it’s not a batch production it’s a continuous production
