printing --> inflation --> crypto? π€
π§΅π
π§΅π
hearing this a lot.
kind of hard to wrap my head around it,
so lets try to unpack this a little.
to hold up the economy
lets follow the $π
kind of hard to wrap my head around it,
so lets try to unpack this a little.
to hold up the economy
lets follow the $π
gov prints $ to buy bonds
lots $ flows to the banks
high supply $ => lower cost to burrow $
lower interest rates (%) = cheap $
cheap$ attracts biz to build/invest
$ used to hire ppl + buy ingredient/material
regular joe now has $ to spend on food/entertainment
economy roars π―
lots $ flows to the banks
high supply $ => lower cost to burrow $
lower interest rates (%) = cheap $
cheap$ attracts biz to build/invest
$ used to hire ppl + buy ingredient/material
regular joe now has $ to spend on food/entertainment
economy roars π―
gov solved the problem of a crappy economy.
with this solution breeds a hairy monster -
inflation. π¦§
how is inflation born?π
with this solution breeds a hairy monster -
inflation. π¦§
how is inflation born?π
1. +2yrs of pent up demand for
goods/entertainment shoots through the roof.
--> biz orders more
2. supply chain bottle neck
- consumer demand through the roof yet,
- lack of warehouse work/truck drivers
(the great resignation)
- leads to global shipping cost x4
goods/entertainment shoots through the roof.
--> biz orders more
2. supply chain bottle neck
- consumer demand through the roof yet,
- lack of warehouse work/truck drivers
(the great resignation)
- leads to global shipping cost x4
3. high demand + low supply + high cost
- biz charges more.
- everything becomes more expensive
- your $1 coffee becomes $2.
what is the problem?
- well the cost of your basics needs π
- but your salary stays the same
- your $$$ is now $
- aka inflation.
- biz charges more.
- everything becomes more expensive
- your $1 coffee becomes $2.
what is the problem?
- well the cost of your basics needs π
- but your salary stays the same
- your $$$ is now $
- aka inflation.
gov faces a huge problem
- keep cost of $ low --> lifts economy --> inflation
- lifts cost of $ --> deflates economy --> recession
inflation π€·ββοΈ recession ?
oh btw, where does the value of
the printed of $ come from...?
π§π§π§
- keep cost of $ low --> lifts economy --> inflation
- lifts cost of $ --> deflates economy --> recession
inflation π€·ββοΈ recession ?
oh btw, where does the value of
the printed of $ come from...?
π§π§π§
they are suppose to be backed by the gov
through reserves and a bunch of mobojumbo
without backing, hyper inflation kicks in and you technically lose all your $ over night.
your $1 cup of coffee is now $100000000. π²
through reserves and a bunch of mobojumbo
without backing, hyper inflation kicks in and you technically lose all your $ over night.
your $1 cup of coffee is now $100000000. π²
so whats backing the US gov?
not enough.
thats why they want to mint the $1trillion coin.
simply put, an empty idea that aims
- to stabilize the economy.
- to restore trust/faith in the US currency.
- to create the biggest ponzi of the ponzi.
cbc.ca/radio/day6/triβ¦
not enough.
thats why they want to mint the $1trillion coin.
simply put, an empty idea that aims
- to stabilize the economy.
- to restore trust/faith in the US currency.
- to create the biggest ponzi of the ponzi.
cbc.ca/radio/day6/triβ¦
yea kinda scary, i know...
well luckily we have #crypto comes to our rescue.
why?
- specifically #BTC is now viewed as a store of value.
- its decentralized. (no one party controls it)
- its capped at 21 million. (its finite)
- its irrefutable. (secured)
well luckily we have #crypto comes to our rescue.
why?
- specifically #BTC is now viewed as a store of value.
- its decentralized. (no one party controls it)
- its capped at 21 million. (its finite)
- its irrefutable. (secured)
most importantly, ppl give it value by believing it in.
top thinkers, business moguls, celebrities, athletes, institutions, banks, countries, are all converging on this.
the train has started.
top thinkers, business moguls, celebrities, athletes, institutions, banks, countries, are all converging on this.
the train has started.
this is why crypto became the answer to a hairy problem (inflation) that we as a society is all facing.
we are seeing this unfold in front of us in real time.
we are seeing this unfold in front of us in real time.
we just need to zoom out, understand this,
help the ones we love,
those who work so hard
to safeguard their earnings.
so they have the ability
to create a life that they want.
not be forever stuck
in the necessary system
for the masses.
help the ones we love,
those who work so hard
to safeguard their earnings.
so they have the ability
to create a life that they want.
not be forever stuck
in the necessary system
for the masses.
i write this thread to strengthen
my own thesis and conviction.
to better understand WHY.
to have clarity through the noise.
to explain to my wife,
why our future is in the hands of monkey jpgs.. π€£
my own thesis and conviction.
to better understand WHY.
to have clarity through the noise.
to explain to my wife,
why our future is in the hands of monkey jpgs.. π€£
i share this b/c i want you to make it too.
there is more than enough for all of us.
if this resonates, feel free to share
with the ones you love as well.
much love to u
πππ
#WAGMI
there is more than enough for all of us.
if this resonates, feel free to share
with the ones you love as well.
much love to u
πππ
#WAGMI
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