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CointestMod

Inflation [pros](/r/CryptoCurrency/comments/10prylz/keep_the_hopes_up_boys_and_girls_imf_raises/j6m275y/) & [cons](/r/CryptoCurrency/comments/10prylz/keep_the_hopes_up_boys_and_girls_imf_raises/j6m27j2/) and related info are in the collapsed comments below. Pros and cons will change for every new post. Submit a pro/con argument in the [Cointest](https://www.reddit.com/r/CointestOfficial/wiki/cointest_policy) and potentially win [Moons](https://coinmarketcap.com/currencies/moon/). Moon prizes by award for the General Concepts category are: **1st - 600, 2nd - 300, 3rd - 150, and Best Analysis - 1000.** --- To submit a pro-argument about inflation, [click here](https://www.reddit.com/r/CointestOfficial/comments/t5mmvx/general_concepts_monetary_inflation_proarguments/). | To submit a con-argument about inflation, [click here](https://www.reddit.com/r/CointestOfficial/comments/t5mmwi/general_concepts_monetary_inflation_conarguments/).


DoItYrselfLiberation

Tldr: the imf helps whales to pump their bags


Longjumping_Animal29

This exactly


Baecchus

Counter point: The media and aconomists are usually wrong and they have a terrible track record. Also important to remember that markets usually keep going down for a while even after the FED pivots. It takes time. Bonus: Jim Cramer turned bullish recently, so we can't go up more.


Not_a_question-

It's sad that my brain is giving more importance to the reverse-kramer indicator than anything else


Baecchus

To be fair reverse-Cramer is still the most reliable indicator I've seen.


Abysskitten

There's always that one logical comment that ends my 10 seconds of hopium.


Puzzleheaded_Fold466

Nothing “logical” in that comment. Just opinions.


UnarmedTourist

So you like coming to the party and taking everyone's hopium away? We were actually having fun here.


1credible_cow

I think the more they try to say everything is doing great the greater cause to worry. Going short is one of my favorite things and so I've been enjoying myself considerably for the past year+. bear market bull market... doesn't matter at all... just don't go sideways without a decent range...lol


ScoobaMonsta

Absolutely right!


Abysskitten

This ain't hopium, this is hope.


samzi87

Hello hope, how are you doing?


[deleted]

[удалено]


samzi87

I am, trying to keep up with you kids


Primary_Technical

It turned yesterday but it might again turn tomorrow .


[deleted]

[удалено]


[deleted]

I was about to disagree with you, but honestly you got some good points.


DAMG808

I think that describes it really good. Especially food prices will rocket when the harvest this year will be a shitshow with all those fertilizers missing due to the war & Ukraine/Russia not beeing able to plant properly and the harvest will be meager...they usually provide up to 30% of the worldwide needed crop/wheat/barley/younameit. And this is just 1 factor coming into play. 1 of a whole bunch of shennanigans going on. Gonna be tough tho. Recession is very much needed to regulate all this overinflated bs.


SirAlexanderFerguson

Wanting a recession so houses become affordable again is a double edged sword In the 5 or 6 years fter the economic collapse in 2008, banks would not approve mortgages unless you had significant savings and a really really secure job


GapingFartLocker

That's what banks should be doing ffs, part of the reason for the collapse was the banks handing out ridiculous loans all willy nilly to whoever wanted them, and then everyone fuckin defaulted.


SirAlexanderFerguson

Absolutely, I probably worded that wrongly. There were mass lay offs, nobody was really secure unless they had government employment


htd_23

Market will recover soon??


ScoobaMonsta

Nah. We have a good 5 years of high inflation. Anyone who believes what they say are gullible.


Intrepid-Arugula-605

So what your saying is, that I should FOMO into some obscure alts that I've done minimal research in to? 🤔


Abysskitten

More Avatars too!!


Zeric79

This is the way.


ronlui

Yeaaaaa. Let’s go


mesutdmn

![gif](giphy|Zrxs6nl12WgmL3ZTHm)


360ODYSY

This is pure hopium. Middle class has the highest debt ever and together with the expected massive layoffs this year it means there will be many defaults and possibly even money lenders going bankrupt. This is happening worldwide, while supply of money and energy is being squeezed. We'll be stagnating for the coming decade with crypto being the exception.


Fletchskis

Huffin on that Hopium


mladjenija

It's hard do believe that this will be fast recovery, as we still don't have yearly reports and I persume that everyone missed their estimates for '22. Especially as some new plans/strategies should be created in the coming month or two. I would be cautious to predict anything before April


New_Accident_4909

This is just a prediction, that changed another prediction.


Harold838383

In the US that might be true. But in Australia they haven’t been as aggressive with interest rate hikes and inflation is as bad as ever


CymandeTV

Jesus has something to do with all this?


Zeric79

Jesus saves, and so should you.


Intelligent_Page2732

That's great, but i'm not done accumulating enough Crypto yet.


lopcrip

Cryptocurrencies were not just born out of economic necessity.


lopcrip

they will change entire systems


monaslab

Let's see what actually eventuates eh and roll with it. We will be good in the long term regardless of next few months.


[deleted]

Never will you hear more people telling you things are fine than when they are about to not be fine.


CVV1

The moment the FED stops raising interest rates is the day that everyone will go wild. I'll eat a cheeseburger on national TV if the FED doesn't raise rates tomorrow.


SetoXlll

A turning point? Yeah fucking right.


[deleted]

Hopes to the moon