Originally <a href='https://www.sportsbookreview.com/forum/showthread.php?p=31117635'>posted</a> on 01/22/2023:
Morning, Mike:
yet nobody talks about how all fiat currencies become worthless
Of course, your comment is a good one. I would argue that A LOT of people are starting to talk about this. Yellen just asked for the debt ceiling to be raised again, what a joke.
If "asset value" was defined in ability to buy a Dozen eggs...that value has eroded by 50% in the Last 6 months.
I think people are waking up to the $$ printing. That's my basic point on the BTC price. Just as a response to inflation, I expect BTC price to rise in lock-step.
Have a great day. Hope you cash some tickets.
Morning, Mike:
yet nobody talks about how all fiat currencies become worthless
Of course, your comment is a good one. I would argue that A LOT of people are starting to talk about this. Yellen just asked for the debt ceiling to be raised again, what a joke.
If "asset value" was defined in ability to buy a Dozen eggs...that value has eroded by 50% in the Last 6 months.
I think people are waking up to the $$ printing. That's my basic point on the BTC price. Just as a response to inflation, I expect BTC price to rise in lock-step.
Have a great day. Hope you cash some tickets.