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Alias Born | 03/16/2010 |
Wednesday, November 04, 2015 2:53:27 PM
Feds increasingly Indecisive Volatility.. Looks like Janet wants to raise rates on borrowing and go negative on deposits.. It's possible. Only Big Gov can have their cake and eat it too.. Very mixed signals for the market right now.. It seems to be routing more investors to hedge against government policies for safe havens like bitcoin..
..Bottom line is the country is BK.. The latest budget spending bill signed last week raised the debt $340 billion overnight.. So now, to cover their asses for the next financial crisis, they want to punish, eliminate, or outright steal the rest of the remaining large cash holding reserves of US depositor's money.. Again, what's left of the middle class is about to get screwed..
..Based on this alone, BYSD bitcoin profits seem limited unless they can merger, or spin-off the bitcoin division to a larger more established exchange entity.. JMO, of course..
http://www.zerohedge.com/news/2015-11-04/yellen-says-negative-rates-table-if-outlook-worsened
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