Something has to give surely. Covid is going nowhere for a while yet, Furlough/redundancies look likely, and I saw on the news here in Spain today that more fiat is being printed.
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Something has to give surely. Covid is going nowhere for a while yet, Furlough/redundancies look likely, and I saw on the news here in Spain today that more fiat is being printed.
The worst thing about the fiat being printed is, who's hands it ends up in. It seems that they are looking for a trickle down effect, rather than driving it from the bottom up.
It is 2008 all over again.
The trickle turning to drops and a drought.
Hopefully we have some leverage with crypto ready for the next 2008.
2008 brought out Bitcoin, perhaps the next round will solidify crypto as a legitimate option.