Supply/demand and monetary factors inflated rapidly post COVID.
Now the same factors are deflating quick. Fiscal and monetary tightening is ON.
COVID panic money printing, now overdone rate hikes - in credit based economy.
If the goal was to create volatility, well done to central banks!
Kommentar:
Well well.
1.05 on EUR and below.
Crypto will puke. Apes will bleed.
Kommentar:
As above.
Usd have established base.
Now it will play 'run to safety' game of deceit.
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Now the same factors are deflating quick. Fiscal and monetary tightening is ON.
COVID panic money printing, now overdone rate hikes - in credit based economy.
If the goal was to create volatility, well done to central banks!