When people are facing foreclosures, will they dump their house to buy more Bitcoin, or will they dump their Bitcoin to save the house?
A recession is a recession. Everything gets repriced, including Bitcoin.
But I doubt there will be a recession. I believe all these models, that have been predicting a recession for two years now, are worthless, because they assume a fiscal policy from governments. Kneedeep in cheap debt that gets repriced, however, governments have switched to monetary policy. There’s so much liquidity waiting at the gates, I’m preparing for a Banana zone…
Hayloo /
npub1x6…jg3e4
2024-09-05 07:42:55
in reply to nevent1q…xf0k
Author Public Key
npub1x6tyj3529f3k0nua3qg846tzt4c34mvns7nnrv9dqt462j0k0quq7jg3e4Published at
2024-09-05 07:42:55Event JSON
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"content": "When people are facing foreclosures, will they dump their house to buy more Bitcoin, or will they dump their Bitcoin to save the house? \nA recession is a recession. Everything gets repriced, including Bitcoin.\nBut I doubt there will be a recession. I believe all these models, that have been predicting a recession for two years now, are worthless, because they assume a fiscal policy from governments. Kneedeep in cheap debt that gets repriced, however, governments have switched to monetary policy. There’s so much liquidity waiting at the gates, I’m preparing for a Banana zone…",
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