>he thinks rate cuts are bullishlol lmao
>>60954957Look at what happened after the rate cut.
>>60954957You are fucking retarded, see >>60955009 or even your own chart
We're in an inflationary regime now.You need to compare what happened in the previous inflationary period around 1950 - 1980, which doesn't have the same correlation.
>>60955046Does this mean btc go up?
>>60955089Everything gongo upExcept USDAnd your wage
>>60955118Surely there must be a crash sometime next year or so? Wagies are already being squeezed as it is. How is this sustainable?
>>60955089BTC gongo up.In that inflationary period gold was the best asset to own. This time BTC will be.SPY was basically flat in real terms back then.
>>60955131>sustainableWe've been past the point of no return for decades, anonEveryone that understands that has been, in a secret panic, clawing for any exit strategy available. A lot more people understand post covid. We're going to make Zimbabwe and Weimar look like training exercises, and there's nothing anybody could have done to put us back on track without tanking their political career and the republic itself (which died over a century ago anyway lol)
>>60955164>return for decadesThings were decent up until the mid 2000s though...I don't see how we don't see mass violence from the masses.
>>60954957Oh no guess ill have to hold for... 2 months?
>>60955131>How is this sustainable?The value of the dollar never goes to zero. It can lose 10% of its value every year forever. The price of goods and services than always go up another 10% as well. The price of assets and securities can always go up as well. All that's happening in a crash is that the average person loses their job and gets a new one that pays slightly less and all newcomers start off with more debt and a smaller paycheck and you get small pay raises. All compared to inflation of course, the numbers involved can still go up.Over time you reach an equilibrium with some other part of the world that's got the same comparative cheap labor advantage as you and you compete against those. Maybe lose at which point you keeps tumbling as your labor gets cheaper. The UK has been in that kind if situations since at least 2008 and arguably since Thatcher. The only people moving their for a better life are Indians and Pakistanis, no Polack is looking at the UK and thinking about a better life.
