Well said, unfortunately this is becoming all too common in many places all around the world, the more thing changes the more they stay the same it seems, hopefully people will take it upon themselves to secure their own financial future with the time limited opportunities that they have today, EOS is most certainly one of them, which is why it is my primary holding, go EOS!
The FED think if they keep throwing money at these economic problems they will solve them. What they don't realise is they are just delaying and ineverablity intensifying a future economic collapse......A world wide depression is on the cards in my opinion.
Well said, this is ultimately a result of continually kicking the can down the road, now they have no good options left, the Federal Reserve chickens are coming home to roost, and the full weight of the consequences will be paid by the American people, as well as nation states that rely on the dollar is there reserve currency, hopefully enough people or wise enough to see these warning signs and take action, either way time will tell the story, thank you very much for your comment.
The FED is realizing that they went too far. The helicopter money was dropped without thought, this much is true, but the Bond Buying Program is the bigger problem. That program means that the large corporations have a permanent get-out-of-jail-free card. All the risky decisions they have made in the past to put the world economy in the position in it is now has absolutely no repercussions. We are all waiting for a market crash but it won't come until the FED leaves the S&P 500 alone to its own devices. The worst part is that the Stock Market correction needs to happen so we can get a firmer grasp on the crypto markets as a whole. Don't be fooled because it is all connected. Thankfully those reading this are smart enough to know that Crypto is the asset class you want to be heavy on in this moment.
Very good points, though I would have to slightly disagree with your statement on the FED leaving the S&P 500 alone, there are many pressure points that will cause a market crash, and I believe most prominent amongst them. Will be more than likely the dollar bubble, when the dollar pops everything else will follow, and the unpredictable nature of a hyperinflation scenario, makes this in my mind the most likely of outcomes, after all who can truly control human nature, when people are afraid, they are about to lose everything, very good points, thank you very much for sharing.
Once all the people realice that the government doesn’t give a fuck about them, and how they want the poor to stay poor and the rich to state rich they will start taking crypto way more seriously. Is like El Salvador or Venezuela, both countries got tired of the average FIAT money, and now they have developed a big community around crypto to be independent from an institution that can decide their future without them even knowing.
Very good points, oftentimes it takes human beings hitting rock bottom before they begin to realize what is truly valuable in life, crypto will most certainly be one of those things, hopefully people see the warning signs, and take measures to save themselves before they get to times where their options are extremely limited, time will certainly tell this story.
I don't know about all the other countries but My country banking system just wants make Profit margins from people's Income more and more and they find every opportunity to take that short margins (If it's total it will be huge) from the citizen and In Crypto you can't do that easily and you don't really need a middle authority like banks in a Crypto transaction which is the main issue most of the banks and the government in my Countries Denies Fully Legalizing Crytpo as Government don't want to lose their Power on people's they don't want people to be free but just want them to stay where they are right now
I can assure that Crytpo is Future
By 2025 90% of the adult population will know about crypto cause Crytpo Exchanges are giving their best to promote cypto
In yesterday's Cricket match One of The Sponsor was Coindcx (The leading Crypto Exchange in India) promoting Bitcoin
To Change something we have to fight and to Change this old banking system where bank get opportunity to margin their profit from people's income will be changed for sure
You would hope that governments would learn from their mistakes and those of other countries, but history shows that unfortunately more often than not they continue to try the same things over again and getting the same results. Real change usually does come from the ground up.
Power and money can lead even the purest astray. It's unfortunate that sometimes those in power will do everything in their control to try and change outcomes to maintain their power even if it hurts the masses. This is why change usually does come from the ground up.
On the other hand those who adapt and and work with change and new technologies can sometimes rise to the top. A good use case is Kodak who once had the power, money and lead in photo technology; when they had the opportunity to change to digital photo technology they resisted change as they didn't want to hurt their thriving printed photo tech... of course they are still around but they would be a totally different company had they embraced and adapted to change. Or look at Sears stores...
Firstly thanks for the article. İ think world changing so fast. And we try to focus on "fast" part. Not a "changing" part. We cant catch the changing. But i believe we can with blockchain. İ cant trust fed or something else. İ can trust just blockchain and firstly eos. İ hope one day we happy with cryptos.
After all, good luck having an independent central bank that you trust is in control.
How successful it will be is debatable. You do your job well or badly and you suffer the consequences.
As for my country, a central bank that has completely lost its independence is as scary as you can imagine.
and God help us when the economic storm we've been waiting for hits our shores.
thank you for the great article..
hold EOS
Well said, unfortunately this is becoming all too common in many places all around the world, the more thing changes the more they stay the same it seems, hopefully people will take it upon themselves to secure their own financial future with the time limited opportunities that they have today, EOS is most certainly one of them, which is why it is my primary holding, go EOS!
FIAT money days are counted. The future is definitely crypto, be prepared, fill your bags and HODL.
I could not agree with you more, the future is crypto, in cryptos like EOS will help lead the financial revolution, go crypto, and go eos!
The FED think if they keep throwing money at these economic problems they will solve them. What they don't realise is they are just delaying and ineverablity intensifying a future economic collapse......A world wide depression is on the cards in my opinion.
Keep safe everyone!
Well said, this is ultimately a result of continually kicking the can down the road, now they have no good options left, the Federal Reserve chickens are coming home to roost, and the full weight of the consequences will be paid by the American people, as well as nation states that rely on the dollar is there reserve currency, hopefully enough people or wise enough to see these warning signs and take action, either way time will tell the story, thank you very much for your comment.
The FED is realizing that they went too far. The helicopter money was dropped without thought, this much is true, but the Bond Buying Program is the bigger problem. That program means that the large corporations have a permanent get-out-of-jail-free card. All the risky decisions they have made in the past to put the world economy in the position in it is now has absolutely no repercussions. We are all waiting for a market crash but it won't come until the FED leaves the S&P 500 alone to its own devices. The worst part is that the Stock Market correction needs to happen so we can get a firmer grasp on the crypto markets as a whole. Don't be fooled because it is all connected. Thankfully those reading this are smart enough to know that Crypto is the asset class you want to be heavy on in this moment.
Very good points, though I would have to slightly disagree with your statement on the FED leaving the S&P 500 alone, there are many pressure points that will cause a market crash, and I believe most prominent amongst them. Will be more than likely the dollar bubble, when the dollar pops everything else will follow, and the unpredictable nature of a hyperinflation scenario, makes this in my mind the most likely of outcomes, after all who can truly control human nature, when people are afraid, they are about to lose everything, very good points, thank you very much for sharing.
So true
Once all the people realice that the government doesn’t give a fuck about them, and how they want the poor to stay poor and the rich to state rich they will start taking crypto way more seriously. Is like El Salvador or Venezuela, both countries got tired of the average FIAT money, and now they have developed a big community around crypto to be independent from an institution that can decide their future without them even knowing.
Very good points, oftentimes it takes human beings hitting rock bottom before they begin to realize what is truly valuable in life, crypto will most certainly be one of those things, hopefully people see the warning signs, and take measures to save themselves before they get to times where their options are extremely limited, time will certainly tell this story.
Print money and increase interest rates, sounds like more inflation is around the corner!
I would most certainly have to say, that at this point more than likely, time will tell the story.
great article
Very happy you enjoyed it, thank you for your comment.
+1
I don't know about all the other countries but My country banking system just wants make Profit margins from people's Income more and more and they find every opportunity to take that short margins (If it's total it will be huge) from the citizen and In Crypto you can't do that easily and you don't really need a middle authority like banks in a Crypto transaction which is the main issue most of the banks and the government in my Countries Denies Fully Legalizing Crytpo as Government don't want to lose their Power on people's they don't want people to be free but just want them to stay where they are right now
I can assure that Crytpo is Future
By 2025 90% of the adult population will know about crypto cause Crytpo Exchanges are giving their best to promote cypto
In yesterday's Cricket match One of The Sponsor was Coindcx (The leading Crypto Exchange in India) promoting Bitcoin
To Change something we have to fight and to Change this old banking system where bank get opportunity to margin their profit from people's income will be changed for sure
We need to Crypto To change this :D
Sorry If you don't liked my view
If i wrote something wrong Please correct me :)
You would hope that governments would learn from their mistakes and those of other countries, but history shows that unfortunately more often than not they continue to try the same things over again and getting the same results. Real change usually does come from the ground up.
Power and money can lead even the purest astray. It's unfortunate that sometimes those in power will do everything in their control to try and change outcomes to maintain their power even if it hurts the masses. This is why change usually does come from the ground up.
On the other hand those who adapt and and work with change and new technologies can sometimes rise to the top. A good use case is Kodak who once had the power, money and lead in photo technology; when they had the opportunity to change to digital photo technology they resisted change as they didn't want to hurt their thriving printed photo tech... of course they are still around but they would be a totally different company had they embraced and adapted to change. Or look at Sears stores...
Financial revolution is here!
Firstly thanks for the article. İ think world changing so fast. And we try to focus on "fast" part. Not a "changing" part. We cant catch the changing. But i believe we can with blockchain. İ cant trust fed or something else. İ can trust just blockchain and firstly eos. İ hope one day we happy with cryptos.
Here comes the backlash from printing all that money. The next years might get real tough for some parts of the world.
Thanks for the update, cash will be beaten against cryptocurrencies in the coming years