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thebitcoinzodiac / The Bitcoin Zodiac Podcast
npub1wmv…7pzj
2023-05-02 10:55:30
in reply to nevent1q…r09r

thebitcoinzodiac on Nostr: It would be a good thing but I don’t think it will happen. I think we are headed ...

It would be a good thing but I don’t think it will happen. I think we are headed into another boom bust cycle: the debt ceiling will be raised (after much drama and cross-party negotiations), the fed will eventually (Q3/4-ish) pivot, assets will go through the roof (along with inflation), pointless companies will receive insane valuations and everyone will feel “rich” again. But I think it will be short lived, the cycles will be shorter and shorter and more extreme on either side, there won’t be another 10+ years of cheap capital. The question is how long can these games continue before imploding?
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