Damus
Dr. Jeff profile picture
Dr. Jeff
@DrJeff
What if, thanks to the Federal Reserve, credit events have essentially been replaced by debasement events?

Can major, traditional credit events even occur in the age of central bank manipulation?

(H/t to Jordi Visser and Raoul Pal)
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nostrich · 107w
Is it really “credit” if the money was never real in the first place? All dollars are actually debt 💸
Silence · 107w
nostr:note159k469j0vg2ws3hg0dmdzdkg7f757sktrynsd3nmrm9f9ek2wnhs0jauds
Schicer · 107w
You mean bears might not have another opportunity to gobble up assets in a deflationary bust? Blasphemy!
F.I.R.E with Bitcoin · 107w
Do you mean the fed will always print to provide liquidity in any sign of credit events?
Quinton Figueroa · 107w
Agreed. It appears like since 2008 we've entered the new era of finance where nothing fails and number always go up. There is no problem that can't be solved through debasement and no amount that can't be printed. A societal net decrease in wealth has been chosen as favorable to an ethical, rationa...
BitLo · 107w
Yep. Inflationary crashes are the new thing.