/biz/ - Business & Finance

[Anonymous No.1657275]

Under President Trump the US fiscal spending increases the US budget deficit from $600 billion to $1.2-1.8 trillion. This causes US growth and inflation to sky rocket, forcing the Federal Reserve to accelerate the hike and the US dollar reaches new highs. This creates a domino effect in emerging markets, and particularly China, who start looking for alternatives to the fiat money system dominated by the US dollar and its over-reliance on US monetary policy. This leads to an increased popularity of cryptocurrency alternatives, with Bitcoin benefiting the most. As the banking systems and the sovereigns of Russia and Chinamove to accept Bitcoin as a partial alternative to the USD, Bitcoin triples in value, from the current $700 level to $2,100.

[Anonymous No.1657303]

No

[Anonymous No.1657307]

>Sovereign nations using a hugely volatile currency that they can't control
Shitcoin bugs are fucking delusional. Russia and China have already reached an agreement to trade with each other directly in their respective currencies as a way to bypass the Dollar just fyi.

[Anonymous No.1657320]

Bitcoin bias needs to stop, lighten the fuck up and be aware of what's going on outside of your shithole

couple of recent disconnects on this board:

>italy and the eurozone
>gold

hivemind doesn't justify ignorance in fact you need to enlighten yourselves from the masses, but the fact of the matter is most anon don't have the backing reasoning and rely heavily on bias

[Anonymous No.1657321]

>>1657275
Cheeky motherfucker, plagiarism isn't cool.

http://www.zerohedge.com/news/2016-12-07/saxo-banks-10-outrageous-predictions-2017-brexit-never-happens-bitcoin-surges-fed-fo

[Anonymous No.1657410]

>>1657303
>>1657307
>>1657320
>>1657321
cope

[Anonymous No.1657419]

Looks like somebody didn't buy the dip :(

[Anonymous No.1657536]

>>1657410

who the fuck are you to ask me to cope? we don't all worship money like some cabal