1for1
Well-Known Member
Up until now i condisered crypto deflationary.. as people spend useless fiat for Crypto.
Then i got to thinking this is in fact more money being spent by people the might of overwise of saved it or not spent it..
All this money chasing crypto is reducing spend in other investments (gold and silver etc)
Specifically i see this as a US$ paradigm --- Chinese get useless US fiat debt.. rather than NOT spend it to maintain its purchasing power.. China is funneling Useless US debt into crypto .. all of which are going to find there way back to US.. (as ultimately fiat returns home!)
I see US getting runaway inflation from people spending worthless USA currency for fiat.. all of a sudden everyone is holding crypto and has spent US$ to get them.. japan, china, UAE etc all cashing in the debt they dont trust for something LESS likely to turn to zero (crypto!)
Crypto is a great way for an entity to sell off worthless debt with a time lag before they inflate the currency by dumping it into another asset class..
No1 reason why China is not going to sit back and watch US buy there goods with increasingly worthless debt..
episode 1 - USA has a new (false) hope
episode 2 - china strikes back
episode 3 - Return of the fiat (and ensuing hyperinflation).
Even if the PPT and private banks issue more fiat to control crypto .. its so easy to just create another one and for each crytpo they try to buy out and own .. the more they are inflating the currency.. put it this way.. USA and the plunge protection team are fighting a losing fight against INFINITE freely created currencies.. only scarce commodities can be controlled!
We win!
1for1
Then i got to thinking this is in fact more money being spent by people the might of overwise of saved it or not spent it..
All this money chasing crypto is reducing spend in other investments (gold and silver etc)
Specifically i see this as a US$ paradigm --- Chinese get useless US fiat debt.. rather than NOT spend it to maintain its purchasing power.. China is funneling Useless US debt into crypto .. all of which are going to find there way back to US.. (as ultimately fiat returns home!)
I see US getting runaway inflation from people spending worthless USA currency for fiat.. all of a sudden everyone is holding crypto and has spent US$ to get them.. japan, china, UAE etc all cashing in the debt they dont trust for something LESS likely to turn to zero (crypto!)
Crypto is a great way for an entity to sell off worthless debt with a time lag before they inflate the currency by dumping it into another asset class..
No1 reason why China is not going to sit back and watch US buy there goods with increasingly worthless debt..
episode 1 - USA has a new (false) hope
episode 2 - china strikes back
episode 3 - Return of the fiat (and ensuing hyperinflation).
Even if the PPT and private banks issue more fiat to control crypto .. its so easy to just create another one and for each crytpo they try to buy out and own .. the more they are inflating the currency.. put it this way.. USA and the plunge protection team are fighting a losing fight against INFINITE freely created currencies.. only scarce commodities can be controlled!
We win!
1for1
