The Greatest Wealth Transfer In History
It’s been a while since I’ve written a post, so I thought it hreatening the system with rapid inflation next year if it doesn't return, as well as making stock market participants nervous enough to start taking money out of stocks, as was the case on 12/20/2017 when the stock market dipped, and the talking heads on TV were left wondering why the stock market didn't really to the approval of the Tax Cuts.
The cryptomania is just getting started, Facebook is adopting litecoin for Facebook, as announced yesterday, which more than likely means higher litecoin prices. The Washington Post (of all papers) announced that the Federal Reserve (the central bank most directly affected by cryptos since it bypasses completely the US Dollar hegemony) may, "MAY" come out with its own FedCoin to challenge Bitcoin and altcoins.
We are living in historic times, and historians will write about what happened in 2017-2018 as a financial system reset that stretched across the planet and reached every single person. The question is: what side of this wealth transfer are you on?
Happy Holidays, Merry Christmas, and Happy New Years!