Fucken rip
Fucken rip
Jonathan Williams
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Wyatt Perry
The thing's fuckin plummeting
US Dollar holders are running for the exits
No one wants to be left holding the bag
Ryder Wilson
what do i hold tho if not dollers or btc, are we just fucked?
Hudson Torres
what happens? can this just keep going down?
Kevin Flores
>what do i hold tho if not dollers or btc
Metals.
Gold, silver and lead.
Dominic Carter
yeah why not?
Thomas King
yuan
Xavier Cox
Honestly, poor Brent Johnson: another gold coin for Peter
Nicholas Long
starting to come back up before mkt open
be careful anons
Joseph Lopez
Third world banana republic shitholes whose intelligence agencies blatabtly rig elections and whose central banks monetize the debt generally have to implement capital controls and emigration controls because rather than attracting smart people and investment, they begin to leak thise things like a punctured trashbag until there are commas involved in buying a netflix subscription.
Eli Perez
i thought gold tanked before btc went above 14k
Daniel Gray
Indeed it did but there’s other factors involved in regards to that. Now if you were smart you would be holding all of the above, diversify as much as you can wouldn’t you agree?
Chase Williams
Oh, and that includes other tangible hard assets such as land user.
Brody Lewis
DJIA mooning despite DXY at a low
get out
Aaron Watson
It went from 2.1k to 1800 that's the tank. Buy now.
Grayson Russell
They are exit scamming
Jordan Phillips
support at 85, risk assets should reverse there. Then we will have to see if it holds, if not things are going to get very bad, giving people unemployment benefits which dont buy much = rioting
Anthony Bell
Is this caused by new agreement for the 900B stimulus deal?
Josiah Sullivan
will be part of it yes, in addition to other stimulus. But its not the full picture, as almost all countries are stimulating. If you look at the long term chart, DXY has been in an uptrend since 2008 vs almost all currencies, eventually all markets change macro cycles. The stimulus money printer brrr is a nice narrative, so its easy to understand by most people.
Anthony Cruz
and also, if you look at the MACRO DXY chart, since 1970s, it has actually been in a downtrend for its entire existence, so 2008-present can be seen as a correction from the actual long term trend
Jaxon Evans
Jaxson Johnson
>commas involved in buying a netflix subscription
My mortgage is about to get inflated into nonexistence, this is fantastic!
Eli Bailey
I see that. Basically this downtrend was inevitable.
Jose Hughes
DXY low is bullish for stocks.
Dylan Kelly
read about the triffin dilemma if you interested in reasons behind it, too much to go into on here
Jace Hughes
Appreciate your time.
Hunter Mitchell
Dollar falls vs currencies whose governments are stimulating less than the dollar (in relative terms) in order to free-ride on a future American economic recovery a la 2008. Rises vs governments who stimulate more than the dollar in relative terms. Small wonder the dollar is falling right now if the US announced a new round of stimulus and other governments haven't yet.
Kayden Young
>He doesn't know that since other currencies devaluate against the usd dxy going down signals a global wealth confiscation and this is why btc & real estate go up during dxy bear markets.
David Flores
>dollar rises vs currencies that stimulate more
Samuel Johnson
John Wilson
In a crisis, stimulus plans also matter for currency valuation.
>Posts chart that proves my point
>still thinks I'm wrong
Based retardbro
Benjamin Bailey
Excuse me kind user, as someone who's not traditionally versed in economics, can you recommend some books to get started? The more I read, the more i come to the realization that everythings made up, and i want to be more informed. Thanks.
Angel Morgan
Fellas, how do you buy gold from Europe?
Tyler Garcia
Economics in One Lesson
You sound like you're taking the Austrian redpill
Carter Gonzalez
Must...... buy..... more crypto!
Asher Carter
I was sitting on 50k usd in September, dumped all of it into btc by October. Feeling comfy rn