You have time to spend for nothing bla bla bla

Question

LUKSO - The Blockchain for New Creative Economies

You have time to spend for nothing bla bla bla

bla bla bla….let the market do whatever it wants and do whatever you think it’s better for you….nobody knows what will happen in the future nobody except…?

#blockchain #cryptocurrency #english #lukso

0

09.07.2022

4 ответов

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JeanClaudGandalf Diva

DH
Sure I guess if you believe in traditional global ...

The economy has been propped up with QE since 2008. Now the fed wants to QT into a recession. They have no other choice because it's the only tool they have to fight inflation. They've said time and time again that combatting inflation now is top priority for them. If you suck the money out of a propped up economy, what happens then?

0

10.07.2022

DH

JeanClaudGandalf Diva
The economy has been propped up with QE since 2008...

Yea my point is that it’s not this black and white. As much as I’d like to believe everything zerohedge publishes, and be the next Michael Burry, I find a bit of balance when understanding that all countries are in the same position and this is a huge zero sum relative value play. Fiscal and monetary policy have been irresponsible everywhere for years, but cooling off overheated purchasing power doesn’t outright send economies into depressions, you’ll need a bigger catalyst imo- but we’ll see. And if everything falls apart, that’s why we’re all here stacking sats as a hedge (and lyx of course) 🍻

0

10.07.2022

JeanClaudGandalf Diva

DH
Yea my point is that it’s not this black and white...

I like your nuanced view. It's not black and white indeed. Still tho, all indicators point towards risk off

0

10.07.2022

DH · Accepted Answer

DH

Sure I guess if you believe in traditional global macroeconomics which have been lost at sea since ‘08. I’d be shocked if we haven’t been in a recession for 6 months already, given lagged indicators. Yet still the US dollar gains vs most other fx currencies, especially recently- so does the US economy have a really hard time and the whole world burns- Or is there still relative value strength in the economy?

0

09.07.2022

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You have time to spend for nothing bla bla bla

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