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$Bitcoin (BTC.CC)$ The Hong Kong Central Bank, The Bank of E...
$Bitcoin (BTC.CC)$ The Hong Kong Central Bank, The Bank of England, Czech Central Bank, Swedish Riksbank and Federal Reserve cut interest rates today, this is going to be big for Crypto.
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EZ_money : wake up.... there's a global recession going on
Parp OP EZ_money : I wish, that would mean much more money printing and economic stimulation is coming
EZ_money : why would a market as small as silver keep growing? because they keep spitting articles of lies based on no facts and promises of wealth
EZ_money Parp OP : recession doesn't always mean stimulus
Parp OP EZ_money : when the US is $36 trillion in debt it does
EZ_money Parp OP : you don't have to print to stimulate just lower the rates
EZ_money Parp OP : no it doesn't.
Parp OP EZ_money : if there is a recession GDP growth would slow down too much, plus money printing eases the debt burden simultaniously
Parp OP EZ_money : it absolutely does or else we would default on it. This is why inflation is such a problem now after Covid. The government will choose inflation over defaulting on it's debt. The ultra rich would never want the economy to reset.
EZ_money Parp OP : does not mean they have to hand out any stimulus that can back fire and make things worse.... maybe you're too young to remember Bushy stimulus package after 9/11. didn't do anything for the economy because everyone put it towards debt
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