View Single Post
Old 04-14-21, 08:52 AM   #118
Skybird
Soaring
 
Skybird's Avatar
 
Join Date: Sep 2001
Location: the mental asylum named Germany
Posts: 40,646
Downloads: 9
Uploads: 0


Default



Quote:
Let's first understand this simple chart. M1 is money stock. Jan 2020 there was $4 Trillion, now there is $18 Trillion. $14 Trillion was created since Jan 2020 - that's a 78% increase (14 created / 18 total).


https://www.zerohedge.com/news/2021-...lar-debasement


Quote:
Sorry guys, Crypto is a closed system that's built on fiat. (...) Don't fall victim to the hype machine, that Bitcoin is somehow an alternative to the fiat system, when it is denominated in USD! Oh, the irony.. not to mention Bitcoin uses an NSA patented encryption algorithm, SHA-256. And the NSA is coincidentally tracking Bitcoin users.
Welcome hyperinflation, guys. Its not a thing of the future to come. Its here. It just gets cleverly diguised. And to some part, thankfully so. At least for the time being.
__________________
If you feel nuts, consult an expert.
Skybird is online   Reply With Quote