RE: If Stocks Aren't Allowed To Fail, How Can You Say Bitcoin Will?
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I took the time to watch the video so I understand the issues. The ultimate deciding factor is whether or not the banks want to lend. If they don't then everything Stevan Van Metre works out but if they can lend and take money out, then it will be inflationary. I don't think I heard his view so I think its good to know.
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Exactly and we don't know what each bank is doing, we can see that real estate in certain sectors are moving up as well as stocks so I assume that's where they are lending, so while we don't see inflation in some parts, we are seeing inflation in stocks and real estate
QE by definition is not inflationary but what the banks do once they free of debt, is most likely inflationary, they need to do something with that money, sitting on money doesn't bring them an income
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