"Never let a good crisis go to waste."
You act like we are still living in "normal" times. The scenario you predict doesn't fit well with the Hegelian Dialectic reality that's been created.
"Will FED Crash Global Financial Markets For Their Great Reset?"
F.William Engdahl. truthunmuted.org/12-17-2021
"It's looking increasingly likely that the US Federal Reserve and the globalist powers that be, will use the dramatic rising of inflation as their excuse to bring down the US financial markets and with it, crash the greatest financial bubble in history."
"A stock crash in 2022 by the FED to usher in a real great depression worse than the 1930's as tens of millions of ordinary Americans will see their life savings wiped out. Insiders are selling because they know it's about to crash. The FED will bring down the debt-bloated system and prepare their great reset of the world financial system."
"The FED will reduce buying US Treasury bonds and tighten in early 2022. This will generate a crisis where citizens might beg for emergency relief in the form of digital money. Every stock market crash since 1929 has been a result of deliberate FED actions, disguised under the claims of "containing inflation." Rising interest rates will trigger a default crisis across the globe."
"80% of ALL US Dollars in Existence Have Been Printed in Just The Last Two Years."
activistpost.com/1/20/2022
"Central banks around the world have been printing money to fund their tyranny and devalue their currency. President Biden and the democrat-controlled Congress are causing America to slowly but certainly commit economic suicide."
So, I don't think we will see any orchestrated head-fakes by insiders in the stock market just so they can slow roll some of the "dumb money". This con game is for all the marbles in the world. And they ain't going to stop till they own it all this time.
A lot of conspiracy minded people got destroyed after the recession. The bunker people, zero hedge etc thought we were done for when the Dow was at 8,000 ¡ª ¡°you act like we are living in normal times¡± ¡°this con game is for all the marbles in the world¡± sounds familiar ¡ª the Dow then went from 8,000 to 37,000 while people like StormCloudsGathering were living in tents growing their own vegetables in South America because the US and the USD was going to collapse.
The US has printed 80% of their currency in the last xx months….
USD is up vs RMD
Flat against EUR, JPY, GPB, Australia, Swiss, Canada etc
So please tell me what the play is. You’re shorting the Dow here at 34,000? Short Tesla at $975 because they had such a major run up and their earnings don’t match-up to their valuation? Short Amazon at $2,950 because they’re worth $1.5T? Short the housing market? Go into gold? Buying bitcoin?
Be specific.
All sectors getting hit right now. Investors pulling back and waiting to see what happens. Too much uncertainty.
Covid, inflation, distrust in government and leadership, crime, wokeism, liberalism, radicalism, lies in the media and government.
So much bubbling to the surface. The political spectrum is in turmoil.
As an investor, I moved a portion from the markets to real estate.
If your 30's, 40's. Keep your 401K aggressive. 60's and up, hang on for this latest market adjustment.
The world is in transition.
@I_Need_A_Detox
We know if rates are left as is inflation will continue to rise (not return to 2% -Yellen) and the devaluing of the dollar will continue.
The question for the FED is, what is more important?
The dollar and the path to CBDC ?
The market and keeping the 1% propped up?
Or did they leave enough time for the 1% to reallocate (happening now) their retirement funds allowing the crash to come and using it as another reason to institute the CBDC system? For this to happen the public needs to feel they system is broken and the only way to fix it is for the Government to intervene.
Biden and the powers at be seem to be more focused on lowering inflation for the upcoming election season. Let's see what JPOW has to say tomorrow and go from there...
Most every time this topic comes up I say the same thing...it really does not matter how much the FED prints, what matters is how much the FED prints relative to other CBs and printers. So all this discussion about devaluing the dollar is inaccurate because in reality the US is not printing as much as other larger players via the ECB and the BOJ, that is why the USD has not dropped more because currency valuation is compared to another currency, not really about the supply in itself alone.
Back when the dollar index got hammered, the reason it did was because the FED printed and others did not, so our currency was printed more than other CBs, that is not the case now.
If the FED raises rates and other CBs do not react then the dollar will strengthen against others like the Euro and the Yen which is to be expected and BTC will get creamed even more than it has now. The fact that the DXY has only moved up 5% says the market does not think the FED will raise more than once or twice, because if the market thought differently then we would be at higher levels already.
Government spending in every country is high and has been high for decades so Biden is merely doing what those before him did, the only change is where the debt is spent and which lobbyists get a piece relative to the guy before him.
Thanks WS...as Tox said, the devaluing is in buying power in regards to inflation, no debate on your point vs. other currencies. Question is, when the FED does begin to raise rates won't that impact the decisions of the other CB, mainly the ECB ??
@kcblitzkrieg
I used to think that a long time ago but Ive noticed that the ECB does not track the FED, and for the sure the BOJ does not at all. Back at the financial crisis the FED slashed rates and yet the ECB did not, they held off and the DXY went way way low, the Euro was over 1.50 to the USD in 2008 and if the theory of pack following were true there is no way the ECB would have allowed that move. I think the EU has their agenda and the FED has theirs and they sort of work in unison but not in lock step..So if the FED raises I dont think the ECB will initially until they see inflation destroying their countries and Christine changes her tune.
BTC really is not a store of value, you take fiat to buy it, the utilitarian value in BTC is not there and I dont think it ever will be. To be a competitor to the USD it has to function as well or better than the purpose of the currency and BTC does not do that at all. BTC is more costly to transact, it is not widely accepted, there is high risk of loss and the volatility is much much higher. Until BTC or any crypto is as easy to transact, has a lower cost to transact, has less or zero risk and is widely available to serve in the same capacity through all our economy and the world the pricing should not follow any supply and demand of the USD. Can it? Yeah of course because people buy and sell it but based on the underlying features and limitations it should not.
I’m pretty sure Jack Mallers and Strike have solved a lot of the problems you’re talking about. You can take a look here.
https://strike.me/en/
I also don’t think BTC is a competitor of USD. I do think BTC does things better. There is not ‘high risk’ of loss. I have sent thousands of transactions and haven’t lost anything. There might be a high risk of loss if aunt Betty is the user but there is high risk of loss in cash if 20 year old drunk Jimmy is the holder.
If I had to make a prediction I would say within ten years we’ll all have digital wallets and we will be able to switch between USD (+other real/major currencies) and cryptos very easily as user interfaces get perfected. And people will be able to accommodate the seller or the buyer depending on who has the leverage in each situation.
Bitcoin is much easier to send around the internet than USD is. It is extremely easier to send long distance (US to Guatemala). Have you ever wired money? What a disaster. And I think as cash becomes a thing of the past BTC (or a privacy crypto) will overtake the dollars spot as the preferred payment for black market stuff like sex work, drugs, gambling or anyone that just prefers staying under the radar.
And this is from an American with the best banking and banking apps in the world. If you’re from a country with bad banking services the argument only gets stronger for bitcoin… And there are billions of those people.
Bitcoin is here to stay. The amount of users is growing at a pace similar to the internet.
I would say betting against crypto is like betting against the internet. But I also do not think that means you can buy at any price and the value will only go up. I think this will all end up being similar to the .com’s.
Average people are starting to become aware that the purchasing power of bitcoin has increased significantly over time and the purchasing power of USD has decreased significantly over time.
Wether that holds true over the next 10 years remains to be seen but my point is that people are becoming aware. And I think that means something because that narrative is important.
No real argument there on BTC....when I mentioned crypto I was only referring to the timeline of the US financial system's adoption of Central Bank Digital Currency. We are way early on this but the mechanisms are already in play for future potential movement to US dollar backed digital currency.
Tox...if you haven't already checked out what Loopring is currently doing with digital wallets please do so, very cool stuff, works on L2 not L1 ether chain.... non-custodial crypto wallet is already in its' infancy. Fiat compatible through several different venues already in play. Fun new stuff....as you said, it's the future for sure
@I_Need_A_Detox
I already deployed cash to mid cap and small cap stocks. Like you said, not all of my dry powder , but some of it. Next up is s&p when it predictably will go into correction. The forces are overwhelming, and most novice investors get snuffed out.
Patience and a ridiculous amount of of discipline rewards long term stock investors
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