Replying to Avatar BTC_P2P

One of my clients just moved into a 20 year old poorly constructed 3300 square foot 4 bedroom, 2.5 bathroom track house in the suburbs. The rent is $3,500 per month… $7000 to move in (first and deposit).

The fiat system is nearing functional failure as things slip further out of reach for 95% of the population.

I think we see price controls and/or UBI or monthly “stimulus” checks within the next 5 years to prevent full-blown implosion. QE definitely incoming too as the federal government is well past broke and the world is moving away from US debt instruments. Steady….

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Toxic Bitcoiner 1y ago

Feddie buying 2nd mortgages is one such stimulus.

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BTC_P2P 1y ago

Definitely. More interventions will have to be implemented to keep up with accelerating fiat degradation.

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