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Money printing causes asset inflation because it benefits the rich disproportionately. The rich invest and do not cause widespread commodities inflation. As is
by silentsea90 6y ago
Money printing causes asset inflation because it benefits the rich disproportionately. The rich invest and do not cause widespread commodities inflation. As is apparent, asset prices are sky high. Money printing in the US doesn't quite feed the poor if you've been paying attention. It goes to the corporations.
The primary manner asset inflation leaks into public exposure is higher rent, real estate prices v/s wages.
BTC market cap is still smaller than Google, Facebook etc. Wait until it reaches 10-100x market cap before volatility is significantly reduced.