BITCOIN

Michael121

Money, Markets, Debt, Inflation + the Great Reset. A mathematical proof of troubled times ahead! - YouTube

So just watched this someone linked his channel earlier. He's basically saying m2 goes up equals inflation. If that is true then why has japan not had this sort of inflation and why are we only getting high inflation now.

Personally i think the inflation is due to the supply issues and maybe the money that ended up directly in our hands, some of which is saved or used to pay off debt, that part isn't inflationary, the debt and saved portion? I don't get how Q/E causes inflation either, it don't buy everyday goods, asset inflation maybe but then again some people make a pretty good argument that Q/E isn't inflationary at all. They say its an asset swap, or a duration swap, can't explain it to mind baffling to me. 

Zola.

Michael121 said:

Money, Markets, Debt, Inflation + the Great Reset. A mathematical proof of troubled times ahead! - YouTube

So just watched this someone linked his channel earlier. He's basically saying m2 goes up equals inflation. If that is true then why has japan not had this sort of inflation and why are we only getting high inflation now.

Personally i think the inflation is due to the supply issues and maybe the money that ended up directly in our hands, some of which is saved or used to pay off debt, that part isn't inflationary, the debt and saved portion? I don't get how Q/E causes inflation either, it don't buy everyday goods, asset inflation maybe but then again some people make a pretty good argument that Q/E isn't inflationary at all. They say its an asset swap, or a duration swap, can't explain it to mind baffling to me. 

"Quantitive Easing" is just a deliberately misleading name for "Money printing". Excessive money printing is a direct cause of inflation. There are no free lunches.

If QE had no impact on inflation and what you say was true, why don't the government just print £100,000 for everyone and we can all buy new cars or pay off our homes?  

Michael121

If gov made us debt free why bother working?

Money that ended up directly in our hands must be inflationary unless we payed off debt. For example if gov gave me a mill to pay of debt all that happened was debt was destroyed, looks disinflationary to me. Money saved in a bank account can't be inflationary till its spent, so how can Q/E be inflationary in the real economy if it isn't spent there. Yes lower interest rates could mean more loans but who takes out a loan for a loaf of bread. That assumes banks want to lend more at low interest rates anyway.

Read here if you want to to hear how they think of q/e 

The Macro Compass | Alfonso Peccatiello (Alf) | Substack

Fed Guy - personal views of a former fed trader

Dampedspringadvisors - Macro, Investing, Financial Service


Quote from BOE

"QE lowers the cost of borrowing throughout the economy, including for the government. That’s because one of the ways that QE works is by lowering the bond yield or ‘interest rate’ on UK government bonds."

"But that’s not why we do QE. We do it to keep inflation low and stable and support the economy."  

I have no idea how they come to that conclusion, some say creates inflation, they say keep it low, others say it don't create inflation, read those links if you want to know how they believe inflation is created. Makes more sense to me that what BOE and the FED say. They call it collateral. If its collateral its an iou, if an iou can't be spent how does it create inflation. Is that why its call bank reserves, not deposits. 

All over my head, so il go with Japan had no inflation, prob gonna be the same for us. 

BTW fed guy thinks inflation even tough he mostly agrees with alf, 3rd link is some guy that worked at bridgewater, haven't really looked at his stuff but he spoke to alf on real vision i think and came to similar conclusions. 

HCIMbtw

Michael121 said:

Money, Markets, Debt, Inflation + the Great Reset. A mathematical proof of troubled times ahead! - YouTube

So just watched this someone linked his channel earlier. He's basically saying m2 goes up equals inflation. If that is true then why has japan not had this sort of inflation and why are we only getting high inflation now.

Personally i think the inflation is due to the supply issues and maybe the money that ended up directly in our hands, some of which is saved or used to pay off debt, that part isn't inflationary, the debt and saved portion? I don't get how Q/E causes inflation either, it don't buy everyday goods, asset inflation maybe but then again some people make a pretty good argument that Q/E isn't inflationary at all. They say its an asset swap, or a duration swap, can't explain it to mind baffling to me. 

The only comment I would add is broaden your time scale, sure if we look at things over the past year and recent high levels of inflation supply chain issues are absolutely a huge factor and covid related.. i don't think anybody would refute that

But over periods of decades it is the printing that drives inflation 

If you are kind of interested in understanding some of these macro arguments, this video is a bit of a mind melter.. - https://www.youtube.com/watch?v=5K6JPXlVh-Y

Jeff Booth is an interesting chap, wrote a book called the price of today, i've read it so a lot of the points made in the video are not new and I get my head around them easy enough.. probably not the most accessible content if you are coming to it cold though 

Zola.

The Price of tomorrow is a fantastic book.

mooneysaver

So now we are not allowed to post about Safemoon?

Posting on behalf of your business is only permitted if you are an MSE verified user. If you are not a verified user, please do not post on behalf of a business.

Yet people can freely post about BTC, Ethereum etc. with no recourse...

I don't think it takes a genius to work out what's going on here.

Zola.

Everyone with a bit of common sense knows Safe Moon is a scam. 
Also, this is a BITCOIN thread, so we want to keep it on topic. 

Scottex99

mooneysaver said:

So now we are not allowed to post about Safemoon?

Posting on behalf of your business is only permitted if you are an MSE verified user. If you are not a verified user, please do not post on behalf of a business.

Yet people can freely post about BTC, Ethereum etc. with no recourse...

I don't think it takes a genius to work out what's going on here.

Lol what’s going on?

Except you posting to yourself about SAFEMOON…in the Bitcoin thread.

Funnily enough I went to PS to see if I could swap mine, got a pop up saying I could lose all my coins if I used the old contract, clicked more info and it took me to a dead Twitter page, haha.

I’ll just leave that bag to rot, you should do the same

Hexane

Scottex99 said:

mooneysaver said:

So now we are not allowed to post about Safemoon?

Posting on behalf of your business is only permitted if you are an MSE verified user. If you are not a verified user, please do not post on behalf of a business.

Yet people can freely post about BTC, Ethereum etc. with no recourse...

I don't think it takes a genius to work out what's going on here.

Lol what’s going on?

Someone posted a stream-of-consciousness text that was very upbeat about Safemoon. I considered it a work of art, perhaps it could become an NFT if the author retained a copy of it. It used the word "we" in relation to Safemoon a great many times. I interpreted that the same way that the forum moderators appear to have done.

Thrugelmir

Scottex99 said:

RogerIrvine said:

Scottex99 said:

Money printer go brrrrrrr, inflation goes to 7% and you’re…. Surprised?

Not surprised inflation has gone to 7% but I am surprised that anyone would suggest expanding the money supply was the sole cause. QE started in 2008. Inflation took off after the pandemic affected the supply chain and labour market. 

Nothing wrong with being partial, of course, but does it go a bit further with some of you guys? Are you actually working as brokers for crypto?

I do work for a crypto firm actually but we already trade 100m+ monthly. So as Darren has already said, I'm not on here to convince you to somehow pump my bags by buying £500 of BTC

Wasn't so many years ago that carbon credits were the commodity of the day promoted by smooth talking salesmen. Salesmen just talk the talk.  No idea what they actually talking about once you cut through the noise. Another pump and dump trade which made a few people very rich and many poorer.