The fall of fiat
The FED is in big trouble!
The last time inflation was at 7%, the interest rate was 11.5%, but right now we again have inflation of 7% but interest of only 0.25%.
Either way the FED are f*****
Hike interest rates to try reduce spending, move money out of stocks and into bonds, with the aim to slow inflation, but this will cause a big hit to the stock market, which the FED don’t want either!
Leabe interest rates as they are with the hope of inflation slowing down, not going to happen as too much money now circulating down into general population for spending.
So whatever they do the dollar is going down!
No better time to buy some bitcoin
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