The current financial system as we know it is broken. If all went well, the world’s central banks should not start helping private banks that are abusing other people’s money. Bitcoin is again taking shape to respond, especially in regards to the future of the future.
The printing money cycle
A recent report by the founder of Bridgewater Associates, Ray Dalio, explores the failures of the current financial system. Lenders are delivering money without consequences because they have so much to offer. This is great because central banks are pressing them and buying financial assets in their futile efforts to increase economic activity and inflation.
No comments:
Post a Comment