What are your thoughts? Is this going to hinder or help cryptos?
Is it REALLY a recovery if all we did was print trillions of dollars? We are still just pushing back the inevitable. The game plan is the same as it was in 2008, just on a bigger scale. It will depend on when that money starts to come back home and start circulating. Prices will rise, companies belts become tighter and your chance of a raise will dwindle because of cost to operate. This has already happened personally in my own life and have seen companies offer less just to “keep a job”. I think it will probably push crypto back a tiny bit, but I think people will start looking into options before they get let go or they start getting their paychecks cut too much.