Stocks, Gold, & Crypto Crushed As Dollar Spikes!

Lending. Lending growth is what is inflationary and QE kept rates very low for a long time making it almost stupid not to borrow more than you normally would have. That's what causes inflation in our debt based system. Why do housing prices keep going up? Because people can borrow to buy more than they could normally afford driving prices higher. Why did they crash in 2007? Because adjustable rate mortgages readjusted to higher rates making payments unaffordable for many. This caused a wave of defaults, which was magnified by the securitization of these shit mortgages causing heavy losses and accelerated the tightening of credit until it completely seized up. Even when the Fed came to the rescue to add liquidity, lending standards were VERY tight. There was a period where basically it was only people with cash able to take advantage of the dip in prices. It was only after prices began to rise again that lending eased and people could start to go back to bidding them higher. Same thing with higher education. Why are prices so high? Lending. People can go deep into debt to afford ridiculously priced degrees that they couldn't otherwise afford allowing colleges to jack up the price.

However, now that lending has ground to a halt, you will now see deflationary pressures. QE is deflationary, but it contributes to an inflationary environment...BUT ONLY IF THERE IS LENDING GROWTH. If there is no lending growth, then QE is just what it is...a tool that causes deflation in order to put downward pressure on interest rates and take some bad debt out of the system. But don't misunderstand that taking debt out of the system is indeed deflationary. Our money is debt. The more people borrow, the more "money" is in the system, because every debt is somebody else's asset.

Yes it does apprear this is NOT a good day for the markets. EVERYTHING is tanking except of course the Dollar which makes no fucking sense at all. Every crypto's are tanking.

Yes it does apprear this is NOT a good day for the markets. EVERYTHING is tanking except of course the Dollar which makes no fucking sense at all. Every crypto's are tanking.

Hope the cryptos go to zero, because that's what they're really worth.

Same with fiat

US dollar is backed by a military and real work Americans do for it, cryptos are nothing but a scam.

US dollar is backed by a military and real work Americans do for it, cryptos are nothing but a scam.

Dumbass, it’s ALL a scam.