Why Nostr? What is Njump?
2025-01-09 08:18:43
in reply to

Sooly on Nostr: Here’s why market is so backward: • Good economic news (like strong jobs): The ...

Here’s why market is so backward:

• Good economic news (like strong jobs): The Fed raises interest rates to slow things down. Borrowing gets expensive, so people and businesses spend less and take on less debt. Markets hate this because easy money disappears.

• Bad economic news (like a weak economy): The Fed lowers interest rates to “help.” Borrowing gets cheap, so people take on more debt and spend more. Markets love this because debt fuels everything.

The crazy part is the U.S. runs on debt because the dollar lost its value after ditching the gold standard in 1971. So, bad news is “good,” and good news is “bad.” And this is why #Bitcoin fixes this mess.
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