Cash Bubble Trouble

in crypto •  3 years ago 

This is interesting, but I don't quite understand why the presenter thinks it is such a stunning revelation.

It’s NOT An Asset #Bubble, It’s A Cash Bubble - (Chris Coney) WCSS:019

IMO the bubble has been created in such a way that the increased money supply is kept within a very small range of products, such as stocks, commodities and land. The synthetic inflation created for the "benefit" of the public is designed to decrease their net worth while at the same time inflating those key sectors that will control the economy.

What is the cash waiting for? For the planned disaster advertised as the great reset. The banksters as financial gatekeepers are directing people towards the new world of cryptos. I think it is deeply naive to assume the banksters have been wholly caught off guard by cryptos - just look at the individual known investors, not just institutions.

The video has this wonderful transcript below it! The velocity of reading is far higher than the velocity of talking!!

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  ·  3 years ago  ·  

I like how he compared the plumbing system of a house to liquidity. Businesses and governments have been shitting money for too long.

I also like what you wrote:

I think it is deeply naive to assume the banksters have been wholly caught off guard by cryptos

The way these "banksters" respond to crypto has a great influence in the way people see crypto, but more than that they will try to influence the way people use crypto and already are.

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  ·  3 years ago  ·  

lol everyone is having a fantasy about NFT's while evaluating them in USD... lol like they are oblivious to the inflation and see it as part of the profit on the selling price.

Please if you wouldn't mind I'll like you to enlighten me more about it please?