This age of cryptocurrency we are going through is what the Romans went through when Caesar put his face on a coin. This is significant because just like how Caesar defied Roman religion by planting his own face on a coin is how we are defying the religion of Central Banking by the use of cryptocurrency.
The purpose of this article is to explain to you all why and how crypto markets are the new trap houses. This is how wars between bankers and civilians will be fought. Bankers will push shit coins to earn your dollars. The strategy here is to become tech-savvy enough to know which coins are good and which ones are bad.
The inflation of the US Dollar is a massive concern right now, not just for the United States but for the world at large. Pumping USD into crypto will take a lot of dollars out of circulation helping keep a good balance between all the printing that’s going on right now.
Basically, if you are economically well off you’re getting big into crypto right now, while the economically disenfranchised are really working at earning dollars. This is necessary to help the poor somewhat compete with the well-off.
Jerome Powell has threatened to raise interest rates in 2022. This will not happen. There is still way too much market confidence (bullish) and it’s best to let the stock market and crypto markets eat up the inflated dollars. Raising interest rates will make inflation worse as people will hoard money and people won’t spend as much, which is very much needed to help with inflation. If people stop spending money when inflation is this high the economy will tank. Raising interest rates will cause people to be cautious with money and they won’t burn it as quickly. Basically the goal here is to make sure people burn their dollars before inflation is realized in countries that rely on the US dollar as the reserve (90% of the nations). People in the 90% of nations that rely on the dollar know that inflation is bad here, but still think it won’t affect them, but once the math within their own central banks doesn’t start adding up then you will see inflation in countries that America relies too heavily on ESSENTIAL GOOD AND ESSENTIAL CHEAP LABOR.
Even given the United States power, if countries America is reliant on for manufacturing turn on them then they will have given the likes of China, Russia, EU, and India to really consolidate power on a level that could backfire on the countries that are reliant on US dollars to fund their manufacturing.
This is all a game of balancing the printing sheets. As long as the market outside of the United States doesn’t realize inflation then everything should be fine. And to even prevent the thought of it happening what must first happen is the burning of excess US dollars via crypto trading and stock trading.
Everything I have said so far is just explaining it on a layman’s level. With that being said I have bought the ENS domain name cryptotraphouse.eth —Whether I turn this into something or sell a killer domain name like that to a high bidder is still up for debate in my mind.