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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.94+0.2%Nov 19 4:00 PM EST

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To: Julius Wong who wrote (167020)1/14/2021 3:13:10 PM
From: Cogito Ergo Sum  Read Replies (1) of 217879
 
For now..

Long term .. how will CBs accept BC ? it's standard means no monetary/fiscal policy as we know it .. as I see it ..

CBs under current regime need to be able to inflate currency .. (funny term.. like folks thinking a credit is good.. well it is bad for bank in accounting and good for you :O) SO BC is surely inflated in value.. but CBs need to be able to reduce buying power of currency in current world.. not happening with BC.. (hence store of value mentality.. yet BC is literally nothing but bits)

I read all the old Astérix and Obélix books in high school (was my first French Love).. the pervasive theme especially from Obélix was


If CBs cannot manipulate it.. it will not fly as a major anything IMVHO
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