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/biz/ - Business & Finance

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57836444 No.57836444 [Reply] [Original]

Last time BTC was this price the interest rate was 0.5%, now its 5.5%. Bitcoin cannot sustain this price with these rates, period.

>> No.57836472

>>57836444
There is like 2x as much money in circulation now due to the printing machines

>> No.57836482

That meand BTC will go to 300k when rates go back to 0

>> No.57836555

>>57836482
If rates go to 0 again the USA will implode

>> No.57836566

>>57836444
>it rains, therefore the streets must be wet.

>> No.57836577

>>57836555
high rates aren't helping either because they slow down growth, which reduces supply of goods

>> No.57836786
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57836786

>>57836577
Infinite growth isn't sustainable. The clown economy will collapse, it's only a matter of time

>> No.57836852

>>57836472
interest can eat that up so fast. all that extra money is going directly to the banks and credit card companies

>> No.57836887

>>57836852
Actually the money mostly ended up in investment banks. Guess where they’re placing money right now.

>> No.57836889

>>57836786
>Infinite growth isn't sustainable
that's where you're wrong

>> No.57836938

>>57836889
The fed just announced it's printing $1T every 100 days. That's printing to cover debt. How is that leading anywhere but down the toilet?
IDK if crypto will lead us out of it but it's sure as shit the best bet rn

>> No.57836973

>>57836889
Resources are finite so not really

>> No.57837003

>>57836973
There's a long long long long long long long way to go thoughbeit

>> No.57837184
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57837184

>>57837003
Every day more shitskins are born, more food and water is needed, more electricity, more everything. Combine that with rising inefficiencies, corruption, gibs being given out to the shitskins, white people checking out of society because society scorns their existence. The system is buckling under this weight and it's plain to see