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AlanSantana
Jun 11, 2020 2:27 AM

[Comments] Prediction on Economic Future, USA Related to Crypto 

Bitcoin / TetherBittrex

Description

Are you aware of the economy of Japan?
Central banks there use a tool called Quantitative easing (QE) and it goes as follow:

"Quantitative easing (QE) is a monetary policy whereby a central bank buys government bonds or other financial assets in order to inject money into the economy to expand economic activity."

Without going into much detail about the effectiveness of this tool or whether it should be used or not, let's consider the following scenario as a strong possibility for the future.

Our crypto-space/Cryptocurrency-Altcoins market thrives when the USD and USA Stock market is strong and/or stable... It tends to falter when they are not.

Think about the USA starting a QE program just like we see in Japan... This can lead to very slow growth in the market but also to stability which is good for the crypto world.

On a QE USA, based on this scenario, we would have Bitcoin and the Cryptocurrency market printing incredible growth.

We would have a stable base that would allow for these new companies, programs, opportunities, and innovation to develop and change the world.

What's your take on the future economy?

You can share your thoughts about any country, any system, related to money, and the crypto world in the comments section below.

Thanks a lot for your support.

Namaste.
Comments
Umarzia
Crypto already has QE (USDT Printer) brrr 😜
Lamalight
@Umarzia, you nailed it 👍
fxpipping
Whatever the outcome, crypto is here to stay and will thrive. Legacy systems will be replaced with this new innovative tech and change the world. The stock market looks like a huge bubble, lets hope some of that money flows into crypto.
AlanSantana
@fxpipping, Thanks for sharing.

I agree with your comment, crypto is here to stay.
Phi-Deltalytics
I completely agree with this.
TopDeadCenter
QE has been used in the US for a long time.
AlanSantana
@TopDeadCenter, I understand... Are you aware of Japan's economy?

I mentioned QE to compared the two economies and make a prediction based on this scenario.

Let me make it easier... "Imagine if the USA economy turns out like Japan..."

Namaste.
Spellbound
QE was started in North America not in Japan....
AlanSantana
@Spellbound, No one said it started in Japan...

I appreciate your time... Please comment on the topic.
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