My economic confusion

in #economics4 years ago




Does everything economic seem really upside-down or backward to you? It does to me. But I'm no economist; I don't even pretend to be.

Still...

The feral government "created", out of nothing, a huge percentage of all the fiat "dollars" that have ever existed just in the last few years. Yet there is no hyperinflation.

The prices of gold and silver seem artificially low. So do the prices of cryptocurrency. Especially considering what seems inevitable with the creation of all those new dollars.

I realize there are financially powerful people who are able to manipulate certain things so they can continue to get richer while you and I don't. Is this all that's happening? What happens when they stop? Will they stop?

Or is it all caused by something else?
Or am I just wrong with my expectations and understanding? 

Is everything upside down, or is it fine? Have we already hit the iceberg but don't realize the ship is taking on water and sinking fast? Or, is there some voodoo that's buoying the ship when there should already be coral growing on the passengers' bones? I don't know. Do you?

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In the way of your life, si many ups and down with the relative things like money and economy, pandemic situation make it more difficult to get the actual evaluation of money and Cryptocurrency have the chance of growing up with a good vision. Its not a end, its a beginning.

One of the classes I studied in college was an economics class and honestly, I feel as though all that we learned in that class was pure speculation and based on information from the past and expecting it to continue in the same pattern forever. If the past 20 years have taught us anything I think that most of what was taught in that class was a bunch of BS.

Off-topic but... Steemit isn't allowing me to post anything. I had to find a roundabout way to even post this comment. I know it's just some glitch. I'll keep trying for a few more days, but if I can't find an easy fix I may disappear.

huh, that is strange. it'd be a shame to see you go. Have you tried going into your settings and changing I think it is called a "node"?

I haven't found any way to post. I can do everything else. I keep trying.