A former U.S. Treasurer on crypto investing in 2022: ‘The train has already left

Started by OZER, Dec 21, 2021, 10:23 PM

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2021 THE FED GAVE US THIS INFLATION BY PRINTING $3 TRILLION  OF PAPER SINCE COVID BEGAN AND CALLING IT MONEY.  THEY CONTINUE WITH THEIR RECKLESS QE AND HAVE NO POLICY TO STOP PRINTING MONEY!0812


Goes to show you that the Fed even with their "research" know near to nothing about cryptocurrencies.


The  is a bit misleading...  1. They were looking at price change rather than volatility (ie. Variances in price change over time). Whenever there are more participants in a market exchange, prices will fluctuates.  It just means more capital shifted into the market.  2. Cryptocurrency, Tesla, GME and AMC, etc had something much more... it was a way for the little guys (ie. Retail investors) to give the middle finger to the institutional investors and big banks. And it worked. Lol. It was about democractic shift even worrying the Governments...  3. Every new asset class in the  are from emerging markets.  Tesla is leading the EV industry. Bitcoin is leading the Crypto industry. Low fee stock ownership are leading the way for retail investors...

For a long time, China has been helping the United States to control inflation. Through a large number of cheap goods, it has helped the United States to keep inflation within 2% even when Federal Reserve printed a large amount of money. This kind of help to the United States even forced China to import a large number of oils and resources, and produced huge pollution and emissions. But Trump launched a trade war, drastically increased tariffs, as a  result, increased the prices of Chinese goods imported by the United States, and coupled with the largest printing of money in human history. Thereby, it is so reasonable that the inflation was naturally out of control.


Wow, they do not talk about the real problem: the government deficit. So far this 2021: $6.8T spent, $4T collected from taxes. Simply, incompetence. A crash will come, they are just putting it off; flying higher, the fall will be harder.


That's why Bitcoin value keeps rising because they're printing fiat money like crazy.


I just made my first $20,000 in cryptocurrency  I'm so glad I'm gonna have a successful retirement.

Dear US Govt:  Buy Bitcoin into the Treasury.  The new Gold Standard


Monetary inflation is just the government helping the rich at the expense of the poor.