Oddbean new post about | logout
 Government/Fed (don't be fooled, they are the same) KNOW they need to start printing money VERY soon.

When they do - #Bitcoin, Gold, Silver (and probably oil and most other commodities) will absolutely go crazy.

And if they don't start printing BEFORE the debt defaults start (research the Bond market)  the amount they need to print will be obscene. They already need $20 trillion to save the system. It could be magnitude HIGHER if even a few trillion of that move to Bitcoin and Gold - and it will.

Everyone asks, why is the Government borrowing so much, they are fighting the Fed. The Government spending is all that is keeping the system alive right now - and it's taking trillions to keep it alive during the 'good times' -

The whole thing is unbelievable.

My question is this: What is the alternative? I just don't see one and no way they can shut down Bitcoin.