Stock market "crash" - will we finally be able to enjoy this hobby again in 2022?

[huncho]

Originally Posted by enjoythemusic

Agreed, but cash is trash so what price will it be by then? 10% increases every year, compounded, means in a few years we'll be wiping our arse with dollar bills like they do in Zimbabwe. Can't have a true strong dollar, not allowed by the Fed's math. Someone is going to blink, and it's not the Fed with unlimited printing powers.

that's true and why i hold bitcoin but bitcoin is now a 2x leveraged nasdaq etf

[Laszlo]

Originally Posted by enjoythemusic

BlackRock has access to unlimited funding by the Fed, or the Fed just goes direct to the world. So in your scenario, the currency is literally unlimited.

Of course the value of the currency is another matter. Perhaps that's why cash is trash and everyone is dumping for Rolex, etc.

FED’s big tease yesterday on US dollar digital currency — game changer. That’ll help support the dollar I believe.

I also believe this is what’s impacting crypto right now — that stuff is absolutely worthless and have zero backing. Vapor value.

This is an amazing time right now.