I know, I have been preaching fiat is dead and to save long term in other assets for a decade and everyone just laughs at me, well I guess they'll find out eventually. cost of living keeps increasing but wages are going down or staying the same (except for politicians), I don't understand how people are not seeing it. People seem to gobble up whatever kool-aid flavor the gov spits out yet nobody can afford to buy a home anymore(well not nobody but you know where I'm going with that).
YAY Canada has created 100k jobs in X time, yet has killed how many million jobs for the common cold re-branded? Even the printing press is getting tired and demanding overtime pay with threats to unionize! Like you said it's not going to fall tomorrow or next year but they will keep printing and devaluing until it becomes the german mark and everyone is dumping it in the streets. I'm so far away from pulling my pension that I already kissed it goodbye, it wont last till then. We don't know wen is wen why we have crypto, we don't need to care when, we are protecting ourselves already.
It is a strange feeling both exciting because I feel validated of my observations from a decade ago and sad at the same time, it's going to slowly erode quality of life especially for the poorest and cause more poverty and homelessness in the meantime. I agree, it's everyday. I read something about food here having gone up like 20% since the beginning of the pandemic and they forecast more to come with the newly implemented carbon tax increase we got for april fools since much of our food is either imported or grown here and travels around the world 3 times for processing and packaging , the gov calls it economic growth and they are also talking about implementing UBI. We already have UBI light as in pandemic relief funds and wage subsidies for zombie corporations. I think when we go full UBI, that is WEN and the beginning of the end.
In all honesty tho, I think the corruption is starting to spill over (the headlines are there just not promoted) and people are waking up, a bit late but better late than never. My spidy sense the whole thing is about to be ripped open and blood is about to spill everywhere. They can print into oblivion for a few more years but I don't think it will make it that far. They are starting another round of lockdown and some places have curfews. They are going full communist over here and shutting everything down except for Walmarts and big chains.
Maybe we can trade crazy pills, see who's got the best ones, keep things interesting 😁😂🤡
RE: The Bitcoin Flippining