Coin's Cracks the whip on Fundamentals after Binance-Bust
Plot thickens for Crypto as USD's world reserve status questioned after Asian Conference BRICKS US was not invited. But, any actions appear to be a wait-and-see approach as political balance of power appears to be shifting to Trump as his support gains traction ironically after each charge is made a sensation by the mainstream media who openly admits to being told by official what can and cant be broadcasted did not expect this inverse effect shot themselves in the foot and now the cat is out of the bag and mainstream is now having a coming to Jesus movement and information is finally disseminating to the public who is overwhelmingly rejecting Biden and conceding to Trumps management of the economy and foreign policy and disenfranchised groups who condemned republicans and trump as a racist are now rejecting the claim after countless miss-information and lies they have been told and now feel the pain in the pocket book after recognizing they realized a loss after being promised to make the "rich pay thier fair share" delivered the best returns for the rich and hurt the poor the most in the form of inflation that acts affectively as a regressive tax because a tank of gas cost the same regardless. If prices go up due to inflation effects the percentage of income for the poor is more greatly affected by inflation from a cash flow standpoint vs rich (>400k/income or 10M Net-worth qualification self assessed). The future of the dollar depends on a strong changes in leadership for America and to hedge this so the US does not turn into the Mexican peso in 1994 (after the S&L Crisis) or Zimbabwe or Greece (to name a few). Fiat currencies value ultimately derives from the ABILITY to tax revenues from its users and citizens. If that "ABILITY" proves to be diminished or gone completely that is the catalysts historically (i.e. S&L crisis review corruption in Mexican govt leading to a 5:1 MEX/USD to 20:1 MEX/USD that's .2 to 0.5 (~-75%).
Notice: Comments in this blog are for educational purposes only and one must not take as advice. If you are going to take advice from some random person on the internet then i will advise you to get an advisor and that is my advice. Respectfully, KW
Notice: Comments in this blog are for educational purposes only and one must not take as advice. If you are going to take advice from some random person on the internet then i will advise you to get an advisor and that is my advice. Respectfully, KW
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