[tastyfreeze]

The way to fix that is to stop debasing the currency.

I stopped buying stocks a few years ago. The moment there is a contraction of credit or circulating currency we will see a 1929 style crash. Not worth the risk anymore.

[wilkommen]

I think in the short to medium term, they will continue expanding the availability of credit and expanding the money supply when crashes happen in order to keep asset prices high. At some point there will be a breaking point, but I think 2009-style "Quantitative Easing" and 2020-style fiscal spending can and will happen again. So I'm still in, but this game won't last forever.

[yks]

What does "contraction of circulating currency" look like in the post-cash world?

[tastyfreeze]

A drastic rise in interest rate or actual destruction of bills.