This #RussiaUkraineWar feels so primitive. Like the shit I would have learned in 9th grade world history class. @KremlinRussia_E Putin, put a pause on the BS!
When #Bitcoin breaks below the lower end of this channel lookout below. It will likely crash to the lower support line. Most HODLers who pledged Bitcoin as collateral for loans will be force liquidated at prices much lower than what will prevail at the time margin calls are made.
#Powell lied when he claimed the #Fed doesn’t consider the unsustainable fiscal path of the Federal Govt. when making policy. He also lied when he said the time to deal with this problem is when the economy is stong, as he just told Congress the economy is very strong right now!
The markets are slowly waking up to the Fed's dilemma. Following the release of worse than expected #inflation news the dollar rallied and gold sold off based on the false belief higher inflation would force the Fed to get tougher on fighting inflation. Those moves have reversed.
America was founded by rugged individuals who created government to secure their rights and leave them alone. Americans today want government to violate other people's rights, steal their stuff, and give it to them. The home of the free has become the land of the freeloader.