You do recognize that the DS s worldwide, right? CB's are worldwide, rght?
So, before going into this territory, you would have to consider the ww implications.
If an asset rises in Dollars, check if it rises with the same amount in EURo.
e.g. Dogecoin €0.203877 +77.7%
SO there is a difference of 50%
Now: check the same thing on a Silver/ Dollar vs spotprices in Euro. You will find when the Silver priice in dollars moves up, it is because either: The Dollar loses value vis a vis the Euro, or the Euro gains value against the Dollar, or a little bit of both.
Say, the federal Reserve note, AKA, Dollar, goes to the level of Indonesian Rupia, it does not mean the Euro will do the same thing. Why is that?
You would have to go back to the beginning of the Euro in 2001. Back then, all particpatng countries (CB's) had to transfer their Currency- and Precious metals holdings to the ECB.
I'm not saying, the ECB does not create fiat like crazy, but less crazy than the FED, however, with a clear confine.
SO, when you look at the exchange rates, it turns out, the levels are more or less in the same relative ballbark. Why is that? Because the system needs to function till the time is right.
It is called elasticity within a bandwidth.
The more we approach this Great Reset moment, the more risky the system becomes due to black swan shocks.
To destroy the deepstate, you would need to destroy the CB's. And that is a lttle more difficult when a CB's is partially funded by PM and currency holdings.
I do like the fact crypto is moving up in several major currencies, especially when the use cases develop to a more mature state, and more people move in to make use of it, because it is better to choose a market oriented solution than the solution proposed by the banks and the CB's, and it diminishes the power these DS-institutions have.
At the same time, for those with debts, especially debts with a fixed % over a longer period of time, the devaluation plays into easier extermination of debt, whereas the underlying asset price may continue to appreciate, depending on when you acquired the asset (pre bubble or during a bubble)
At any rate, keep an eye on a bigger picture, not just dollar centered, or US centered.
Before you jubilate:
You do recognize that the DS s worldwide, right? CB's are worldwide, rght?
So, before going into this territory, you would have to consider the ww implications.
If an asset rises in Dollars, check if it rises with the same amount in EURo.
e.g. Dogecoin €0.203877 +77.7%
SO there is a difference of 50%
Now: check the same thing on a Silver/ Dollar vs spotprices in Euro. You will find when the Silver priice in dollars moves up, it is because either: The Dollar loses value vis a vis the Euro, or the Euro gains value against the Dollar, or a little bit of both.
Say, the federal Reserve note, AKA, Dollar, goes to the level of Indonesian Rupia, it does not mean the Euro will do the same thing. Why is that?
You would have to go back to the beginning of the Euro in 2001. Back then, all particpatng countries (CB's) had to transfer their Currency- and Precious metals holdings to the ECB.
I'm not saying, the ECB does not create fiat like crazy, but less crazy than the FED, however, with a clear confine.
SO, when you look at the exchange rates, it turns out, the levels are more or less in the same relative ballbark. Why is that? Because the system needs to function till the time is right. It is called elasticity within a bandwidth.
The more we approach this Great Reset moment, the more risky the system becomes due to black swan shocks.
To destroy the deepstate, you would need to destroy the CB's. And that is a lttle more difficult when a CB's is partially funded by PM and currency holdings.
I do like the fact crypto is moving up in several major currencies, especially when the use cases develop to a more mature state, and more people move in to make use of it, because it is better to choose a market oriented solution than the solution proposed by the banks and the CB's, and it diminishes the power these DS-institutions have.
At the same time, for those with debts, especially debts with a fixed % over a longer period of time, the devaluation plays into easier extermination of debt, whereas the underlying asset price may continue to appreciate, depending on when you acquired the asset (pre bubble or during a bubble)
At any rate, keep an eye on a bigger picture, not just dollar centered, or US centered.