Promises they can't Keep

Promises they can't Keep


Again we hear about the changes and the economic recovery that will come in this period; For the third consecutive year, the head of the Federal Reserve System (FED), Jerome Powell, indicated that this entity will work, with all its tools, to reverse and accelerate the effects caused in the economy and to be able to turn the prosperity in that nation. . However, I think we can all summarize what policies will be taken, print more money.

It is not a secret that this measure is the only accessible solution that can delegate an overwhelming increase in the inflation rate of more than 2%, and that this well-being is only temporary, where the consequences will not take long to be present in the management of each one. of the citizen.

This illusion does not really enter into these new changes that are taking place in other countries and that are preparing and ordering a new policy based on assets of different nature and scope. The approach and implementation of many governments towards digital currencies, including cryptographic derivatives, is no accident. We see the clearest examples in China, France, Switzerland and the European Bank.

The essence of this digital branch is not simply an advance in monetary policies, it is more the construction of sustained environments that are preparing to take a turn before the new recessions that are looming. No one wants to be dragged with a store of value that is only sustained by being the manager of the market and feeding on any conflict that arises in the world.

Inflation is a character that this time will not be able to be avoided, and the competitiveness of companies will not be the same by marking a completely different role in the performance of the domestic economy, just to list one of the main ones. This is why Bitcoin (BTC) is in a field that must not only be understood but rather assimilated in order to protect itself and reverse all these effects that will come with inflation. 2% is nothing compared to the scheme of changes that will be imposed when knowing the effects of that inorganic and excess money that is the true cause of all this exposure.

In an article that exposes Peter Shiff, he exposes a next step with a word that several have not experienced, even thought of associating it with these times. He claims that "all the FED can do is temporarily create the illusion of a recovery by creating inflation. But eventually, the illusion wears off and all that remains is the dark reality of stagnation. And, indeed, even worse, depression , which is where we are headed. "

This is not an issue that should focus only on the guilt of a system, nor on an expiring product such as paper, it should focus on these cryptographic solutions, derivatives that are coming out and that can help, only your understanding, understanding and use will be the key so that many begin to take the clear paths and see the perspective of how things are working.

What remains for us is to continue listening to more promises that cannot be fulfilled, only to see differences in numbers and realities that will hit hard when we really know how those numbers hit with inflation.

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alquimista1501
alquimista1501

I am a Venezuelan, worker, father of a family who fell in love with this crypto world; I love reading news related to the crypto space, from the technological performance to the shape and concept of each currency in this world.


Cryptographic Alchemy
Cryptographic Alchemy

This blog contains my opinions on the world of cryptocurrencies, and how these digital records are the key to the change towards a new future, but that in many cases, we already live in the present. Always remembering that cryptos, and especially Bitcoin, are inevitable.

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