/biz/ - Business & Finance

frens when will Chainlink moon?

>>18439211
The point is technology is advancing rapidly and that causes deflation.

I figure that we are naturally headed for a deflationary environment due to rapid technological progress (every 18 months computing power doubles) however governments, banks and individuals are so debt ridden that the central banks will do whatever it takes to keep this fiat ponzi scheme rolling along.

Trump in 4 years is on track to rack up more debt then obama did in 8. And even if he gets ousted and biden gets elected it will be the same story. Debt is growing exponentially and if debt is growing exponentially so does money printing.

I believe Hyper inflation and a loss of confidence in fiat currencies is inevitable.

>This is how the average precious metal holder looks like

Imagine not buying Bitcoin and Chainlink, the future of money and instead buying literally useless rocks.

Stupid fucking boomers.