Will be interesting as these rates start to drop

in #bitcoin2 years ago

We are living in an interesting time

Interest rates around the world are set to start dropping.

Here's some of what we are working with currently:

image.png

(Source: https://x.com/BitcoinNewsCom/status/1834695044533829804/photo/1)

That one on the right almost caused a financial meltdown.

That is what happens when you get one place not playing ball like all the rest.

Japan was keeping rates low so people were boring Japanese currency and using it buy assets in other countries.

It was know as the yen carry trade.

it worked well for a while.

We need everyone on the same page again and we are going to get it soon enough as countries start reducing their rates going forward.

Coin Marketplace

STEEM 0.04
TRX 0.33
JST 0.102
BTC 65597.28
ETH 1925.05
USDT 1.00
SBD 0.38