EUR/USD retreated modestly from multi-week highs on Friday but ended up gaining

Started by OZER, Feb 07, 2022, 06:04 PM

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I have lost more than I should with algorithm stablecoins , for me, it´s a tech that is dead. Stablecoins are not a bad idea, but uniformly they have to be pegged.

Bring back the dislike button! I bet its a great ratio on here!

Mr Sherman: Thats because YOU do not make it legal tender. You have a monopoly of money printing.

Buying power has fallen for any 2 year period since 1968.  So this news is >50 years to late.  We are now in the same cycle of all unlimited governments swapping between Fascism, Communism, and Fundamentalism.  The only solution now is Exodus and leave the Nazi planet behind.

I passed on Terra Luna from the start. I don#39t like when VC is backing cryptos. They are here to dump on retail, as in every market out there. I hope this will be a lesson for us all.


There is still a way up. Next crash will be not before the winter Olympics start. Connect the dots... it makes sense.

They're talking about run-of-the-mill inflation driven by wage-price spirals, and saying that's how you get an inflationary spiral. In my mind, that's not the only way. We have a fiat currency and it's value is really derived from people's faith in it's value. You can print money and encourage borrowing etc, but much like stock market bubbles, there is a tipping point in there when all the feedbacks turn from negative to positive.  Normally, you hold money, it holds it's value, there's no real push to gain or spend it. If you think inflation is going to increase, it now becomes a hot potato that you want to spend as soon as you get it. You do this by buying useful assets like houses, land, food, things you need. When everyone does this it drives up the price, which would normally dampen demand, but if the expectation that money will continue losing value and the price will only increase, then the price doesn't matter anymore. Sellers can ask arbitrarily high prices. But who's going to sell into this and accept that money? Thus supply goes down at the same time demand goes up, further exacerbating the situation.  The government has been pumping new money into the economy to try and stimulate it, yet velocity stays low. Who needs to spend all that money under normal circumstances? But what happens when it all starts losing value? All that "cold" money suddenly turns hot, and the *effective* money supply suddenly increases. Meanwhile, everyone is also incentivized to borrow as much as possible to "short" the currency, further increasing the supply. But who wants to lend into this? The credit market slows, and the government steps in as "lender of last resort" again....using printed money.  Meanwhile, the massive amounts of money tied up in the stock market suddenly need a new home. I mean, who wants to hold a stock when all you can get out of it is increasingly worthless money. You paper gains are impressive, but it's only a reflection of the fact your asset is losing value, because the only value it has is denominated in dollars (rather than any kind of tangible use).  I mean it goes on and on. Wage-price spirals may be a part of 'normal' inflation but they don't really play into hyperinflation.


The federal reserve should have negative interest rates because negative interest rates would be great for the economy.

The world governments created this problem using covid as an excuse.


It's not China.  Super high gas prices and a shaky and overinflated real estate market is obliterating the middle class.  Add in all the other negatives and ya,  there's something really really bad about to happen.