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47 sats \ 2 replies \ @BlokchainB 27 Aug \ on: Wall Street's begging for the continuation of the cantillon celebration econ
If that were to happen it’s common folk who get punished. The corporations and the Warren buffets of the world will just cut costs and raise prices. Cutting costs = layoffs. Common people just trying to make a way for themselves. While yes cutting off the printer will starve over leveraged businesses like McDonald’s but at what cost?? We are in a real quagmire
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I am hoping bitcoin can be that fiat release valve. I think this is why the fed wants to pivot people die when unemployment goes up. And hopefully they get this soft landing.
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