Transaction: 5d97d791f63d4593e213bf0a63bfd5d0717964a5

Included in block 90,019,536 at 2024/11/02 14:40:48 (UTC).

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transaction_id 5d97d791f63d4593e213bf0a63bfd5d0717964a5
ref_block_num 38,581
block_num90,019,536
ref_block_prefix 2,849,808,929
expiration2024/11/02T14:50:42
transaction_num 0
extensions[]
signatures 20552b80c8837864582e7427edf2bd67ec64547df80b88d0860a398b93ce539b5774477ecf58bc40e2d19cd8a6a208c7ebea5b15a223a21b6ab9a41914bf665a75
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"parent_author":"",<br>"parent_permlink":"bitcoin",<br>"author":"marketreport",<br>"permlink":"the-vanishing-point-by-gregory-mannarino",<br>"title":"THE VANISHING POINT. By Gregory Mannarino",<br>"body":"![Me2.png (https:\/\/cdn.steemitimages.com\/DQmXGm7Njj3pbRzTeaUdjbkKSXwrVTLEJDynzmBPee6CtsD\/Me2.png)\n\nTHE VANISHING POINT.\n\nBy Gregory Mannarino TradersChoice.net\n\nTake everything that you think you know about economics and finance,<br> AND IT ALL COMES DOWN TO JUST TWO FUNDAMENTAL TRUTHS.\n\n1. To have a strong economy you need a strong currency,<br> and\n\n2. To have a strong currency,<br> you need a corresponding rate of interest high enough to support the purchasing power of the currency.\n\nToday the entire world economy is freefalling faster than any other time in history. Meanwhile,<br> the world\u2019s stock markets are at near record highs. (The US stock market this year alone has hit a new record high 47 times).\n\nBut how is this even possible?\n\nHow can there be such a great disconnect between the economy and the stock market?\n\nA PARADOX.\n\n Today\u2019s EXTREME DISCONNECT between the economy and the stock market is possible because of THE FACT that the two fundamental truths which support a strong economy,<br> as I outlined above,<br> have been turned upside down.\n\nIt is these same two economic truths,<br> when they are turned upside down,<br> now become AN ECONOMIC WRECKING BALL.\n\n However,<br> it is also these same two economic truths that when turned upside down,<br> PUSH WORLD STOCK MARKETS TO RECORD HIGHS.\n\nLow\/artificially suppressed interest rates steal currency purchasing power and therefore are massively inflationary. Low\/artificially suppressed rates IS EMERGENCY MONETARY POLICY; it is also known as Quantitative Easing (QE). \n\nQE is only to be used as a temporary measure,<br> because when implemented longer term it is massively economically destructive.\n\nQE is STRONGLY POSITIVE FOR THE STOCK MARKET.\n\nThe general population has no idea of even the MOST BASIC Economic\/Financial System fundamental principles. Therefore,<br> what is happening now WILL CONTINUE. \n\nThe mechanism of artificially suppressed rates,<br> and therefore currency devaluation will get more extreme moving forward. In fact,<br> there is a VERY REAL possibility that here in the US people may be forced to endure a NEGATIVE RATE environment.\n\nWith artificially suppressed rates\/currency devaluation goes people\u2019s hopes,<br> dreams,<br> futures,<br> and a rapid decline in the standard of living. Moreover,<br> the fact that the system has been turned upside down ensures it- THE VANISHING POINT.",<br>"json_metadata":" \"tags\":[\"bitcoin\",<br>\"crypto\",<br>\"gold\",<br>\"silver\",<br>\"stocks\",<br>\"market\",<br>\"fed\",<br>\"debt\" ,<br>\"image\":[\"https:\/\/cdn.steemitimages.com\/DQmXGm7Njj3pbRzTeaUdjbkKSXwrVTLEJDynzmBPee6CtsD\/Me2.png\" ,<br>\"app\":\"steemit\/0.2\",<br>\"format\":\"markdown\" "
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