Monetization, Stagflation, Shrinkflation !
"The markets can stay irrational longer than you can stay solvent."
Searching for yield? Looking where to park your cash? It's getting more and more difficult. Nature has an equilibrium that human beings cannot control. The main issue with human beings is that we have been taught to believe we are on-top of nature. This gross misconception gives us the belief that not only can markets be controlled; but even manipulated.
The Fed claims to be independent; however the US Treasury and the Fed are close to fully merging like what happened to the Bank of England and the UK Treasury in 1946. How soon do you think Congress will take to approve the next round of MMT bailout checks? And is this dependent on the US stock market indexes correcting more?
I hear so much about UBI (Universal Basic Income). This is a fools game; especially in crypto. Right now we have witnessed governments around the world send out 'stimulus' checks for being 'shut-down'. Not only was there gross abuse of 'free money' which went to many who did not need it, but it is devaluing currencies that are supposed to represent what a nation can produce. The checks simply transfer wealth from producers to consumers. If we only consume, what can be produced? If you have noticed some consumer goods that are needed are going up in price. Unfortunately there are less producers for these goods.
So here we have two cases of mass manipulation of the market. First they destroy businesses based upon scientists/doctors who are not economists. To make matters worse, most economists cant even add or subject properly. Science is as fickle as economists in this day and age. From decade to decade as humanity creeps towards new 'discoveries', the peg on knowledge changes. This makes 'truth' change according to what reality really is. False economic theories have created a world wide ponzi scheme of such epic proportions it effectively will destroy the whole world economy.
The truth is that human beings are part of a cyclical natural cycle. Civilizations go from chaos, to organization, complacency, corruption, and eventually back to chaos. What part of the cycle do you think we are in right now?
So why have I posted that infamous Bitconnect? The bitconnect scam is the biggest and most well known Ponzi scheme in cryptocurrency history. In just over a year, the ‘project’ managed to propel itself from an obscure ICO to a crypto project valued at a staggering $2.6 billion. Fast forward an additional 8 months, Bitconnect managed to get itself delisted from every single cryptocurrency exchange. This has made the BCC token effectively worthless and given BCC token holders a 100% loss.
Now if you can 'print' money, move it into markets that don't register as printed money; well you will still get massive monetization, stagflation, and shrinkflation! This is why real money has a finite amount to compete for. If you just give people money, it actually loses it's value. Gold had done that, until there was too much printed to account for the gold needed. Bitcoin is supposed to do this as well. Central banks do know the monster that has been created, but the power and influence they hold is strictly corrupt. They will try to force adoption of digital currencies so that this ponzi can continue in a similar form.
Everything is an endless circle-jerk which will topple. Everyone just wants to know 'when' and where to get out. I would avoid crypto's that can be 'printed' without checks and balances. I would also avoid COMEX GOLD as it is simply a paper contract 'promising' you that gold which in effect has ben rehypothecated.
So in the end where do we park our money? Well first you need to identify what money truly is. Once you do that, you should have a better chance of creating a shelter for you and your family. Remember, it's only taken a virus to pop this ponzi bubble. Whether the virus was man-made or natural is irrelevant. Either way it has shown us how weak we are to contain the bubbles that were created. Markets need to be left alone. They need to be treated as a natural by-product of our production and consumption. Once that equalization is disturbed; it will have a collapse. What is organized afterwards can only determine if that cycle can be broken.