It’s not the government. it’s the people. this is why btc is tanking amid high inflation. #government #people #btc #tanking #high #inflation

It truly is not the govt. it really is the folks. this is why btc is tanking amid superior inflation.

View Resource

Share this post

Comments (41)

  • MilesPower Reply

    It is literally the government’s fault the people don’t understand economics, monetary and fiscal policy though.

    Everything is purposefully kept as complicated and opaque as possible to dissuade regular folk from looking behind the curtain and realising the whole system is built on a bed of sand. All fiat trends towards 0, it is inevitable.

    Bitcoin is tanking because over-leveraged shitcoin casinos need to find liquidity as fast as possible and are dumping their liquid assets to save themselves from going to jail.

    Those companies need to fail. Bitcoin doesn’t care. Bitcoin holders will take those sats and never give them back, I see this as an absolute win.

    Fuck the centralized exchanges and fuck the shitcoin gamblers playing with other people’s funds but don’t blame regular people for this, they’re exhausted, broke and more fed up with the system than any of us. But working people are so worried about their next paycheck arriving in time to pay the bills that they simply don’t have time to think about anything else, they’re worried about the immediate issues they have now, not potential inflation in the future.

    November 12, 2022 at 9:20 am
  • Marcion_Sinope Reply

    How do I schedule a tour of the magical money printing press they use?

    November 12, 2022 at 9:20 am
  • Outrageous_Duty_8738 Reply

    This will just cause more inflation.

    November 12, 2022 at 9:20 am
  • dlq84 Reply

    Let’s fix inflation with more inflation!

    November 12, 2022 at 9:20 am
  • cipig Reply

    We need more and better education for the people.

    November 12, 2022 at 9:20 am
  • DoYouEvenMonad Reply

    This is not satire, a joke or a meme? We’re fucking doomed as a species.

    November 12, 2022 at 9:20 am
  • BernardMarxx Reply

    “A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship.”

    Unsure of author

    November 12, 2022 at 9:20 am
  • PuddingResponsible33 Reply

    I still feel these stimulus checks are not for the people but to keep the debt based banking system alive. When that money goes into the bank. Cant the banks then say they have xyz amount more based on fractional reserve banking?

    November 12, 2022 at 9:20 am
  • MrShnBeats Reply

    No Bitcoin is tanking because the FTX drama.

    November 12, 2022 at 9:20 am
  • Evil-B Reply

    Please print some more money to combat inflation 🤪

    November 12, 2022 at 9:20 am
  • freedraw Reply

    I’ve seen this posted in a number of subreddits full of comments like “People don’t understand economics! This will cause inflation!” And yeah, those things are true. But when people are asked this question in a poll, they’re not thinking about the economic implications for the country. The question they’re hearing is “Do you personally need a stimulus check right now?” And they do. Their expanded child tax credit stopped coming. Their rent went got jacked up in September. Their grocery bill has been rising steadily every month. Everything has gotten more expensive in a very short time. Their wages have stayed the same.

    November 12, 2022 at 9:20 am
  • Successful_Breath_66 Reply

    Inflation is still very high, let’s artificially increase demand again to fix it.

    November 12, 2022 at 9:20 am
  • optiontraderkyle Reply

    If you want on the street and offer people money, people will accept it. If you decide to give money to even more people, people who don’t get the free money will be worst off.

    November 12, 2022 at 9:20 am
  • LeatherIll4653 Reply

    Anyone that thinks this will work is not very educated. I am in awe at how brain dead most politicians are.

    November 12, 2022 at 9:20 am
  • Em4rtz Reply

    I think this is just more media bullshit

    November 12, 2022 at 9:20 am
  • GipsyRonin Reply

    They are raising interest rates to try and SLOE spending to get prices to drop…sooo…huh???????

    November 12, 2022 at 9:20 am
  • StrctEngr Reply

    Sure dude, this is why BTC is tanking…. You live under a rock??

    November 12, 2022 at 9:20 am
  • aeiou_sometimesy Reply

    To be fair, states don’t have the money printer. A state-issued stimulus check will not have the same inflationary pressure that federal money would. It may add to the already overextended demand, which could push inflation though.

    November 12, 2022 at 9:20 am
  • gubatron Reply

    if they had only read Saifedean’s book…

    November 12, 2022 at 9:20 am
  • AMBRYAK Reply

    Not again

    November 12, 2022 at 9:20 am
  • Consistent_Nose5595 Reply

    That’s a trap for long term suffering

    November 12, 2022 at 9:20 am
  • RandWindhusk Reply

    The government printed too much money to increase inflation, the government will now help you with inflation by printing more money.

    Seems legit.

    November 12, 2022 at 9:20 am
  • EVERGREEN13 Reply

    This is the worst idea that I have ever heard to fight inflation. This will only exasperate the problem. Too much money and product shortages caused the situation. I will predict that one year from now, there will discussions about deflation. Put that on next year’s calendar. Watch and learn.

    November 12, 2022 at 9:20 am
  • Userid77 Reply

    That would increase inflation. How stupid are these people?

    November 12, 2022 at 9:20 am
  • fractionofawhole Reply

    Yeah that’s not why BTC is tanking, but that is certainly one way to add more inflation. Lol

    November 12, 2022 at 9:20 am
  • Impressive-Space5341 Reply

    Remember when all those shitheads in the Federal government were telling us inflation wasn’t going to happen, when is was already happening, and everyone known it was inevitable? This is why I don’t trust or have any respect for members of the Federal government.

    November 12, 2022 at 9:20 am
  • Starbourne8 Reply

    New stimulus checks to fight inflation?

    That’s like asking for rain to wash the house during a flood

    November 12, 2022 at 9:20 am
  • escape1979uk Reply

    All of these people are told their $ = $
    But not educated on how inflation harms that relationship, and how monetary policy feeds the systems that drive inflation and attempted easing of inflation..

    I’m not just talking about US citizens here.. but almost every country that has a centrally issued currency seemingly deliberately chooses not to teach monetary policy in schools…

    Can’t have those malleable and spongelike brains realising they are being scammed at such a young age!!

    Ask anyone “Want some money?” they will say yes, as long as they don’t understand what impact asking the same question to literally everybody will have..

    November 12, 2022 at 9:20 am
  • Allisone11 Reply

    STOP GIVING OUT MONEY!! Where do people think “free” money comes from? Trees? Taxes my fellow citizens, it comes from TAXES!

    November 12, 2022 at 9:20 am
  • CounterPunch14 Reply

    I love these posts. The real reason it’s tanking because people like you are not using it as a currency. You just use it to trade and get rich

    November 12, 2022 at 9:20 am
  • Pure_Bed_5901 Reply

    How dumb are people, these free checks are extremely expensive. Exactly why they don’t teach monetary in public high school…

    November 12, 2022 at 9:20 am
  • Rudyy1985 Reply

    It’s tanking because of ftx

    November 12, 2022 at 9:20 am
  • random668655578 Reply

    Reading the FIAT standard along with the Bitcoin standard is such an eye opener. All this shit perfectly explained.

    November 12, 2022 at 9:20 am
  • alexm901 Reply

    63% of Americans are very dumb.

    Fixed it

    November 12, 2022 at 9:20 am
  • coredweller1785 Reply

    Current inflation is from corporate greed. There are so many studies showing this currently.

    The people are suffering and the reason this is the only answer is because we aren’t talking about the actual problem. We should be talking about nationalizing the oil, food, and other monopolies responsible for the price gouging. We should have price and profit controls and windfall taxes. We should have more democratic control over production otherwise printing money is the only answer. Otherwise printing money is the only way to stop the soon coming riots for basic living standards.

    November 12, 2022 at 9:20 am
  • MammothFollowing8329 Reply

    The American people are remarkably stupid.

    November 12, 2022 at 9:20 am
  • 11010110111110111 Reply

    Gimme a break and get this effin politics tf outta here

    November 12, 2022 at 9:20 am
  • errlru Reply

    Eh, and gov is what? We mostly have democracy here, ppl vote for morons, cause they too are moronic. Well cum to reality

    November 12, 2022 at 9:20 am
  • Iridemhard Reply

    I have not heard of people wanting more stimulus checks and i highly doubt that would happen at this point in time. These news artices really are shit

    November 12, 2022 at 9:20 am
  • fverdeja Reply

    I loved this in Venezuela, what happens next is, they print money to pay the subsidies, printing creates inflation which devalues the coin, inflation makes people more miserable, now people need more money, they print more to “help” and now your whole country is fucked.

    November 12, 2022 at 9:20 am
  • chunqiudayi Reply

    People are retarded

    November 12, 2022 at 9:20 am

Leave a Reply

%d bloggers like this: