[Daily Discussion] - Monday, May 09, 2022

It's weird, most people I know are sure that the fed has to pivot and fairly soon (<6 mos), but I probably only get that feeling because I surround myself with like-minded people who are pro bitcoin. People still buying bonds for safety, people still thinking they shouldn't sell stocks and just ride it out like previous recessions.

Are there really masses of people out there believing the feds will crash the markets and the economy and keep raising rates and not switch from tightening to massive easing? And the inevitable loss of purchasing power that will cause... pls lord let the flight from the dollar be swift and over quickly!

The only thing that gives me pause is the theory that the rest of the world will be even worse, and we'll be the slightly less raging dumpster fire that everyone flees into that will delay the massive inflation in the USD most of us here are calling for. But even then, that's gotta be only a delay of the inevitable.

I put my money where my mouth is, guess we'll find out soon enough. I hope I haven't been taking crazy pills this entire time.

/r/BitcoinMarkets Thread Parent