DEFLATION, INFLATION, and MEME
https://ambcrypto.com/imf-to-bailout-argentina-only-if-the-country-adopts-an-anti-crypto-stance/
"IMF to bailout Argentina only if the country adopts an anti-crypto stance"
Argentina is scheduled to receive a $45 billion bailout from the International Monetary Fund (IMF).
We have a money supply problem. But I will say when everything is about the 'debt' ceiling being raised in the United States, it's a joke to even consider they won't. I had a dream that I was almost finished paying off my mortgage, but the bank called in the loan early because of liquidity issues.
Although I would have many years to pay it off, they wanted the money that second. I was just so close to paying it off within the allotted time, but they changed the contract. This isn't so far off to believe in a deflationary environment. Everyone knows the banks are crooks, and the governments are the banks.
Gold isn't doing much on the news we are 'entering' a recession. Anyone with a normal brain knows we have been in a recession for some time now. It's impossible to know day-to-day what to be in for digits to go up. Like I have been telling everyone, I have been accumulating assets I think will hold up without much counter-party risk. Obviously, we all want a golden ticket to take us through the next decade, but unfortunately the writing is on the wall. This will be a decade of deflation met with inflation, and of course war.
On the crypto front, we have either a correction or a long way down to correct. All the pundits say to accumulate under 20k. Again it matters not to me as crypto is an asymmetrical bet cash will eventually flow into crypto's. This will spur governments to close the vice on crypto itself because competition is bad for money printers.
The most important thing you and I can do is to anticipate future events based on historical accounts. There is nothing new under the sun and technology will not change the way human beings who are in power. We can see the power big corporations have on our freedom. They don't think like the average person. People are just cock-roaches for power hungry meglomaniancs. I haven't seen many world leaders acting on behalf of their constituents, and yet they stay in power.
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45 billion isn't enough. How stingy those IMF people are.
You want to destroy a country's future economy for such a paltry sum?
And this is probably a loan, where they take half the country if they don't pay.
I would suggest to Argentina to buy 45 bitcoin.
Its a much better bet.
Do you think Jim Cramer has a magic crystal ball that only tells lies?
The other explanations are not so pleasant to think of.
The problem with assets that will take you into the future is... none of them exist in the future.
Stocks will be gone, and if not, the evil corporations will be gone...
Suburban housing will be left vacant till some enterprising kids go through them to take everything of value.
Gold will go way up in price, and then drop to the value of a pretty yellow rock.
Silver is probably the best bet
The only thing i really am certain on is food and a homestead. (to grow more food)
History might not repeat itself but it rhymes well. And no matter how sophisticated technology is, it has little effect on changing human nature. What I'm most anxious about is the looming of a global war, warfare will be different in the modern age.