Sure you are correct in a general sense. In a 20 year context the interest rates are "high" only because they have been so ridiculously low. But the Fed already raised rates more sharply than has ever been done in the past.
I'm not so sure they have the political will to bankrupt the US govt, which continuing to raise rates would actually do. And I'm also not so sure it is just going to follow recession/inflation cycles. It was always eventually going to break that correlation and as banks become unsafe places to keep capital (which higher interest rates will accelerate massively), we really don't know how #Bitcoin is going to be treated in the market.
TheGuySwann / Guy Swann
npub1h8…6rpev
2024-04-09 14:56:50
in reply to nevent1q…vzjm
Author Public Key
npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpevPublished at
2024-04-09 14:56:50Event JSON
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