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Hayloo
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2024-09-05 07:42:55
in reply to nevent1q…xf0k

Hayloo on Nostr: When people are facing foreclosures, will they dump their house to buy more Bitcoin, ...

When people are facing foreclosures, will they dump their house to buy more Bitcoin, or will they dump their Bitcoin to save the house?
A recession is a recession. Everything gets repriced, including Bitcoin.
But I doubt there will be a recession. I believe all these models, that have been predicting a recession for two years now, are worthless, because they assume a fiscal policy from governments. Kneedeep in cheap debt that gets repriced, however, governments have switched to monetary policy. There’s so much liquidity waiting at the gates, I’m preparing for a Banana zone…
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