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Vey interesting. Thanks for sharing

Gents, you can use all fancy logic and etc. But the fact remains that BitFinex with USDT and who knows who else, can just create stable coins out of thin air and use them to purchase Bitcoins, where the rest of us must use our hard earned cash. It is really this simple. Wonder why most have no...

True, but Cryptos are in infant stage. Plus stable coins printing like USDT is a huge issue. I am shocked how many people never even heard of them.

sharp enough to be a billionaire

My assumption they invested tiny portion off their capital in it. No way they not knowledgeable about what stable coins like USDT doing. I do not have extra fund to gamble so stay away.

sounds great, now remove USDT and alike and we can talk. Until then, it is all smoke and mirrors.

I like the idea a lot and would have invested, the issue is USDT and perhaps others stablecoins. When I have to use my hard earned dollars to buy Bitcoin, but BitFinex is allowed to create Tethers out of thin air and use them to prop up Bitcoin value, I stay away. It is just ridiculous.

I do not, I am algo trader who trades futures. I just do not see them raising rates, too much debt out there. I would go even farther and say we will see negative rates if markets and economy tanks

yes, we are beyond of point of no return, Fed must keep rates low otherwise house of cards will fall. And no one wants that.

Rates not going up any time soon. May be a decade.

please explain how loss of 700 American Jobs is good.

Makes lots of sense. Of course what happens to emerging markets low cost labor is another story.

Correct, but most people still ended up paying more. He doe not like blue states much and punished them with his tax "cuts".

we pay very high RE taxes and now capped at 10k to write them off.

You can say same for GOP. Most middle class family taxes in coastal states went up after Trump tax "cuts".

No I get it very well. This has been the case since down of time. Markets can rally no matter who wins. Trump wins great, we will soon be back in prosperity pre Covid. Biden wins, great more trillions in stimulus. Sell off is just as likely as well.

I stopped posting on Political section. My reply was towards damage he caused via Politics, not economics. His tax cuts were awful though for coastal states where I live.

Can this thread go back to economics please, there is political section.

Question still stands open, what do you need a partner for???

Get lost, this is not political section and what an awful thing to say.