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Unpopular opinion for those sidelined: #bitcoin in the long run fight Inflation for you!
In Aug 2022 I told you that inflation rate has peaked! Many were laughing at me. Little did they know this is not just TA, this was also based on leading macro data from Oil, Food and other commodity prices!
Now we are back to 3.2 on CPI today! We will be around 2 eventually! But people in general don't understand the difference between Inflation Rate and Inflation!
We will never get lower inflation as long as Central Banks print money! We can get lower inflation rate if they make less liquidity.
Inflation Rate is the speed of which Inflation increase or decrease. Believe me you don't want deflation!
Deflation = Death to Equities!
Hit like if you enjoy these long reads! Enjoy your Wednesday