Loading ...Ok wild scenario now. We all know how the Gov’t/Fed like to pump up money supply to pay for expensive things, like wars and moon landings foreign aid etc etc. We’ve seen in the past, when they create too much money, like too much glue or sealant, it bulges out to other sectors of the economy. note the roaring 20s and crash, after 1913’s excess money printing for WW I. Then took in all the gold in 1934 (USA now bankrupt) started the new money printing “game” for Korea, Vietnam moon landing, that resulted in the so called “inflationary 1970s”.
Tons of good people’s money went into Silver 1970-80 to $50 from $3. They later raised the rates, and all that “parked” Silver money supply got wiped out, evaporated. This way they can do a new round of excess money creation. The 20% interest rates also SUCKED money out of circulation.
The bitcoin? If trillions get sucked into it, “dead money all in one spot” they can wipe it out in a NY Minute. Naturally they will wait until a lot more money supply gets funneled into that area. Like a big sponge mop. They “spill” money into one area, and sop it up in another area.