So is this what's going on?
Japan, the last big economy with negative interest rates was going positive on Friday and the markets decided the free-money party was over. Fiat went from being worth negative to being worth something so investors rushed out of any risk- or inflated assets into liquidity aka fiat, not necessarily because fiat was appreciating now but because the speculation frenzy had to stop at some point anyway, so smart money was calling the top and cashed out?
LeoWandersleb / Leo Wandersleb
npub1gm…78rf6
2024-08-05 15:30:12
Author Public Key
npub1gm7tuvr9atc6u7q3gevjfeyfyvmrlul4y67k7u7hcxztz67ceexs078rf6Published at
2024-08-05 15:30:12Event JSON
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"content": "So is this what's going on?\nJapan, the last big economy with negative interest rates was going positive on Friday and the markets decided the free-money party was over. Fiat went from being worth negative to being worth something so investors rushed out of any risk- or inflated assets into liquidity aka fiat, not necessarily because fiat was appreciating now but because the speculation frenzy had to stop at some point anyway, so smart money was calling the top and cashed out?",
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