Insanity! YOU CANNOT SPEND YOUR WAY INTO LOWER INFLATION! NOR BORROW YOUR WAY INTO PROSPERITY!
From Greg M
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They are trying to hold off the Golden Age and their coming public trial and execution.
Greg,
I had commented that oil was in a down cycle. on your site on July 25th
Review my comments.
You and I both know we are in a recession.
1)Demand destruction
2)Traders push the prices up or down in commodities every chance they get.
FYI
https://wallstreetonparade.com/2022/08/without-any-legislative-powers-the-fed-is-rewriting-the-law-and-creating-a-permanent-500-billion-bailout-facility-for-wall-street/
I have been watching BITCOIN
It's just a caution on my part that it can go lower.
Perhaps the latest deal between COIN & Blackrock.
IMO there could be a flash crash to get Bitcoin down to it's long term support around $12,000.00
I believe we have seen a top in the short term.
Remember all assets get sold in a market correction
Then they could get their high wealth clients in Bitcoin.
DO YOUR OWN RESEARCH.
Enjoy the evening,
Thanks,
WOT