Chris Liss on Nostr: There is an odd dynamic wherein you notice the Fed prints money, debases the ...

There is an odd dynamic wherein you notice the Fed prints money, debases the currency, steals from you and everyone else, so you opt into a hard money as a defense against that, but that hard money only gains purchasing power if they continue to debase and steal from everyone. So now you root for them to keep debasing and stealing.

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The number of people who spent the past decade complaining about the Fed's artificially low interest rates, only to turn around and constantly complain about their slowness of cutting rates lately (as if 3.75% is super high), is comical.