Show Navigation
Conversation
Notices
-
@alex Yeah, though not just miners this time, it seems. Also, the US Fed chairman has given indications that he does in fact think that inflation might *possibly* occur as the result of printing 20% of your monetary mass in one year, whereas crypto, gold, stocks, etc... had priced in that he didn't think inflation was a real thing that could ever happen anywhere for any reason.
-
@guizzy A big part of the Fed's thinking is that one year during the 2008-2011 recession, they secretly doubled the money supply by quietly "lending" money to the banks, but key prices did not rise. (The banks used the funds to bolster their capital, so they looked stronger and investors would return.)