iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
20,868 Blog Posts

It’s Reasonable to Assume Higher Prices for Everything

Let’s try to brainstorm this for a moment. What is the worst case scenario for stocks?

The COVID vaccine doesn’t work and we’re stuck in perpetual lockdown. Government keeps printing money until it becomes untenable and the dollar collapses. However, the dollar cannot collapse, since printing is being done worldwide, unless of course China becomes the new currency reserve, which will never happen since we own petrol-dollar trade.

Another worse case scenario is Biden era EPA crackdown, fucking companies with regulations. However, that might be offset by the immense funding in green initiatives, so does it really matter?

I think, and this goes without saying, the greatest risk to everything falling apart begins and ends with the dollar. The only way the dollar can lose dominance is via a lost war with a major power and/or the end of the petrol-dollar, which can happen if cars all move to EV and we figure out ways to heat our fucking homes with the sun. Once the dollar goes then the whole system collapses — but I doubt it’ll happen this decade — maybe in the 2030s.

The bottom line hedge in all this, naturally, is cryptos. Gold is ok, but is not communicable like BTC or ETH and it simply lacks sex. The bigger the boom in tech, the wealthier tech titans become, the more they buy cryptos — it really is that simple.

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28 comments

  1. heckler

    Fuck off with your EPA scaremongering Fly! Green tech is way more bullish than dumping chemicals in rivers lol figure it out pal

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  2. it is showtime

    Fuck off

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  3. it is showtime

    check 1:30-2:30
    youtu.be/WKf32XRgWXc

    Yes very anecdotal
    But backing of willed or managed stock index narrative
    Last several years

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  4. juice

    No more lockdowns now that Drumpf is out.

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    • roguewave

      Oh, ok.
      We’re gonna find out.

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      • moosh

        I think juice knows what’s up. All of this is going bye bye. Until later. The standards by which we have measured people having a vid19 to a common cold will drastically change very soon

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        • roguewave

          yea, I heard they will dial back the # of cycles on the PCR test.
          Cycles = amplification cycles

          If I understand it, they are replicating / growing the material with each cycle to get a measurable amount.
          The material is not just Covid, but any RNA from any source, a cold you had, etc.

          Studies show that 17 cycles is optimal.

          The CDC has been recommending 40+. Over 17 false positives / “cases” increases..
          When the CDC recommends a lower number the number of “cases” will drop dramatically.
          I also heard Joe may have a 30 day lockdown (before dropping the cycles). Good leadership!
          used to detect RNA particles — the greater the chance of a false positive. Research shows that to get 100% confirmed real positives, the PCR test must be run at 17 cycles

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  5. soupbone

    Hence, inflation (already evident) is in the cards.

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  6. richardweiner

    I call my donger a pee hose.

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  7. The_Swede

    Tether is a problem and will be until asset backing is transparent. 70% of daily trading flow comes into bitcoin from tether which may or may not have real dollars backing it up. Bitcoin isn’t a scam, but unregulated tether is. We should all want tether transparency for the long term health of bitcoin.

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  8. purdy

    Doubt we make it to the 2030s …but then my 2010s prediction is already a bit off.

    Anyway, there is no danger of Biden doing anything green which would hurt big money. Voters worried about global warming? …install a transgender person of color at EPA to read words on a teleprompter

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    • dchanko

      As long as he /she /it has one leg and an ability to spout and bastardize corporate nouns and adjectives with minimal imagination, everything will work out fine

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  9. itsgold

    Top?

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  10. tha pirate

    MLK’s ideas were so beautiful, and so simple. Sad that a handful of anti-black supremacists on the right, and a large number of anti-white supremacists which is now en vogue on the left still can’t learn such a basic truth. To judge people on contet of CHARACTER, rather than surface appearance.

    The idiots & racists on the left degrade his memory by looking ONLY at the skin tone of people to be appointed or elected to leadership. The only way to end the scourge of racism is to STOP talking about it and treat everyone the exact SAME way regardless

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    • roguewave

      Quiz
      How did MLK die?
      Why?

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      • tha pirate

        MLK the MAN is not the issue, his IDEAS are the issue. Judge NOT on skin complexion/looks, but on content of CHARACTER. DO NOT silence people because of how they look or what they say – black OR white. The suppression of dissent – political dissent, is anti-American and anti-freedom. If the free exchange of ideas is not allowed (and there are clearly those on the fascist left who want to stop silence them) there would never have been an MLK and there will be no future freedom or democracy. It could be the end of not only his dream, but the dream and promise of America.

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        • purdy

          I agree. But Rogue’s question is one worth pondering. MLK is frozen in time because he was killed. What would he have said were he not killed? What agendas would have been threatened by him – someone who much of the country had accepted as a moral leader.

          If you are planning on doing immoral things, a dead MLK is better for you; especially if the tools of manipulation (e.g., the media) is in your control.

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          • tha pirate

            I think he would look at folks like Al Sharpton and BLM and literally vomit.

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  11. soupbone

    BIG aircraft moved over the Atlantic late last night, eastward. I live directly under the favoured route plan apparently.

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  12. Mr. Cain Thaler

    Lol I got into $FCEL for around $1.30, I flipped it for about 800% returns and now…I feel like a fucking moron.

    I’ve never made this much and yet still come away feeling so stupid before.

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