2020 Collapse

[TreasureHunter]

Uneducated Economist believes that it's not so much the high supply of money that will destroy the USD, but the low velocity of the USD.
He believes that the Fed is printing to maintain that velocity and "keep the USD afloat".

Once the velocity drops down, the dollar will be less traded, thus, its value will fall.

I think that velocity will have to be higher and higher in order to "keep it up". It's like when you need more and more and more Viagra. Until you get a heart-attack
The more countries, businesses and people "ditch" the dollar, the lower its velocity will be. Then will hyperinflation come.

Inversely, I think it is in fact the growing velocity that is keeping some cryptos up. Once Bitcoin has reached enough members, it will have enough velocity (practical use must be assured) on order for it to survive
and to not keep collapsing.

 

[alor]

cryptos has weekness, its not instance, when you expect to get paid, its now. not a second minute half hour later
its not medium of exchange, it can go up and do many things, but there is costly fee invloved, so its not desired when you want to buy/sell 1000 times
with USD, you can quickly spend it, but with digital Yuan, how to quicky get rid of it, can't just drop the mobile phones
no wonder Palladium that is hoarded by Russia is going up in price, not so much is being traded in USD
anything traded in USD would enjoy the gravity pull lol

 

[mmm....shiney!]

Uneducated Economist believes that it's not so much the high supply of money that will destroy the USD, but the low velocity of the USD.

That’s why he’s uneducated.

 

[sgbuyer]

That’s why he’s uneducated.

I like to listen to all points of views. The uneducated are less indoctrinated in some ways and can have a different opinion of stuff.

 

[mmm....shiney!]

and can have a different opinion of stuff.

In his case it’s the wrong opinion.

 

[TreasureHunter]

Some are predicting a crypto crash soon. If you look at the charts, you can see that most cryptos appear to be in their 2nd or 3rd big bubble.

Besides Bitcoin, Ethereum and many others look like the should take a breath soon: correction coming?

 

[Jason1]

Don't know much about ships nowadays, can't see the sense of using them nowadays. Can be sunk easily and fast, can be detected even faster.
They are far from the major battleships (like the legendary Yamato or Bismarck, which were "sexier"), they're mere boxes of steel nowadays with a bunch of sailors, cruise missiles and just a few guns.

I guess they are good for "show of power"?

yer fighter planes, war machines, ammo, and cargo ships during war times are just teleported to their destination, definitely no need for battle ships in this era of teleportation, because isnt that how stuff goes from one continent to another these days? . lol

 

[alor]

there is costs being built inside the movements, so fee is way higher when volatility is high

 

[sgbuyer]

yer fighter planes, war machines, ammo, and cargo ships during war times are just teleported to their destination, definitely no need for battle ships in this era of teleportation, because isnt that how stuff goes from one continent to another these days? . lol

They can ship them by train.

 

[sgbuyer]

Some are predicting a crypto crash soon. If you look at the charts, you can see that most cryptos appear to be in their 2nd or 3rd big bubble.

Besides Bitcoin, Ethereum and many others look like the should take a breath soon: correction coming?

I'm not making any prediction but if cryptos were to crash, silver will rocket.

 

[Jason1]

They can ship them by train.

across oceans?

 

[sgbuyer]

Transhumanism. First time I heard of this term. Yes, i know, they have created half monkey, half humans in labs. The vaccine is some gene therapy.

https://thenewamerican.com/covid-shots-dna-transhumanism-with-dr-madej-2/

She spoke about Avatars. Yes, I watched the Matrix. So maybe cryptos will work when that time comes since there's no need for cash since there are no people by then. It's all a computer program.

 

[alor]

human that is no longer mortal, it is very close
first mentioned was 20 odd years ago
just can't die even if you want to, it will pass 120 years
age of robotics, droids in Starwars
Avatar Ang, in air bender
only the brain left, just like the borgs

 

[lurking]

That’s why he’s uneducated.

I didn't watch the video but velocity has been a talking point with financial professionals for years. Obviously declining velocity, price levels, treasury yields are all linked together.

Some are predicting a crypto crash soon. If you look at the charts, you can see that most cryptos appear to be in their 2nd or 3rd big bubble.

Exactly the same patterns being seen in many traditional markets. What do they all have in common?

 

[mmm....shiney!]

I didn't watch the video but velocity has been a talking point with financial professionals for years. Obviously declining velocity, price levels, treasury yields are all linked together.

Thats right, but velocity is an outcome not a cause so it can’t cause the demise of the USD

 

[TreasureHunter]

France on the brink of civil war?

 

[lurking]

Builders are stopping building. On the other hand insurers are stopping insuring. Does that mean house prices rise or fall?

DJIA trading bots are clearly pricing in mega profits on the back of commodities. I reckon they might soon learn about supply and demand.

 

[mmm....shiney!]

On the other hand insurers are stopping insuring.

Insurers are approving claims hand-over-fist because the Federal government is subsidising payouts.

Show me the incentive and I will show you the outcome.

 

[lurking]

no, sides lawyering up

 

[mmm....shiney!]

no, sides lawyering up

Not where I live