Fiat will continue to be printed at will by the private institution know as the Federal Reserve. (It’s as “federal” as Federal Express, if you didn’t know).
This creation of money debases your hard earned dollar. The system is designed for this.
Opt out with Bitcoin.
Study Fiat. Study Bitcoin.
The higher the global liquidity goes. | Labib Ben Mimoun
US Case Shiller Home Price Index at all-time highs. XHB broke a monthly swing low and is now testing the local 50%. DR Horton broke a monthly swing low and hasn’t even come close to testing its local 50%. Lennar is even worse off, breaking 2 monthly swing lows. Pulte is down 25% from its high.
Looks like the 18.6-year Real Estate cycle is certainly in its “winners curse” phase.
Study history. Study Real Estate./
The house didn’t change, the money did.
No longer backed by gold, the government had free reign to print as much money as they pleased.
Do you get it? They’ll keep printing forever and the value of the money you’re working for will continue to go to zero.
Study Fiat. Study Bitcoin.
Did the house go up in value? | Adrian Cercenia/
Them: Bitcoin is a bubble.
Me: Look at this chart.
Them: Exactly.
Me: You know that’s the chart for eggs, right?/