Brookings bitcoin chart
Posted On 31.07.1955
Logic says this had to brookings bitcoin chart. History says it’s got to end.
And yet they keep finding rabbits. I’ll be the first to admit, that I NEVER thought they could kick the cans down the road as far as they have. I’ve been in this game for quite a while. I started in 1994 doing seminars for local investment clubs. That migrated into the first newsletter in 1996, and in 1997 we launched the web site.
All along the way, there were ills and evils that I pointed out, about how the economy is fake, the economic reports were fudged, the debts were unpayable, and on and on. And yet, through the magic of Central banking, they’ve managed to keep the wheels on this thing. It truly is incredible if you think about it. Is the Fed ready for the next recession? Extensive research shows that it takes between 300 and 500 basis points of interest rate cuts by the Fed to pull the U. 100th of 1 percentage point, so 500 basis points of rate reduction means the Fed would have to cut rates 5 percentage points. Negative interest rates won’t save the day.