The Fed announced rate cuts as a signal to Wall Street to pamp the stock market. Real estate is going to pump too when the rate cuts begin.
They want the economy to look good going into the election and are praying market pamps happen well before the inevitable inflationary cycle to follow.
Of course #Bitcoin will lap everything multiple times during the next easing phase. Going to be so hilarious.
The market pumps are the inflation. Few
I hear you bro but manipulating cost of capital is fundamentally different than money supply creation
What if they crash it as Biden isn't winning jack shit? Probably the easiest win in history for a republican if this happens, meaning the uniparty stays in power.
Oh yeah, also many chapter 11s, more centralization, more gov "help", fewer and fewer financially independent cifizens...
Stay humble and prep for the worst - by now everybody and their mothers expect the fed to start cutting next year. If they cyber polygon the banking system, they have an easy scapegoat and will also cut rates.... but nobody will have access to their bank accounts. Self-custody doesn't apply only to Bitcoin 😉
