Loading ...All this fake Media talk about “Cryptos are bad or replacement for currencies” I think is reverse psychology propaganda. Its a $5,000 per ounce GOLD price that is bad for the Fed Note and other national currencies. They can’t fool me. 🙂
The Cryptos (instead of 1980 18% CDs) are absorbing excess paper money creation AWAY from Gold where so it can’t hurt anybody. And Gold is doing well ANYWAY. But would do better without Gypto crap.
Somebody even posted charts recently showing Gypto and Gold going inverse each other. Do not believe anything from the media. Just reverse what they say or imply for accuracy.
The Fed Res gave us WW I, the great Depression, Â WW II, Korea, Vietnam plus other wars, moon landings, shuttles, GPS etc. Dollar lost 95% of its value, and then the Great Recession in ’08. That was the end of Bernie Madoff and the end of the Fed Res. They are fighting to keep the accumulation of errors going.