Basis: The credit based economy created by the central banks where the foundational layer of money has no collateral is unsustainable.

Let me start from the 2020 to 2022 scenario. Covid pandemic happened. Lockdown was initiated worldwide. Productivity halted. Stocks, commodities, crypto crashed. It seemed like the beginning of the end.

Then comes the bailouts, the money printer went brrrr...

Not physically, "digitally". (His own words)

JPow literally had to press 'ENTER' on his keyboard to print more than 40% of the entire USD in history. Not to mention, they lowered interest rates to almost zero.

I'm not against the bailouts of those in need. Mind you, they needed it. But remember that they used the bailouts of the poor as an excuse to bailout the markets. The stimulus checks accounted for only a fraction of the entire bailouts that happened.

Then you saw what happened, everything went up. Stocks, crypto and what not. Everyone was happy, people were rich... On paper.

But all of these had a major side effect: INFLATION.

When you consider money as a commodity and everyone has more of it, the real tangible commodities like food, etc (whose production had been slowed by lockdowns) will obviously become expensive. Basic economics.

That's why we had the largest inflation hike in history recently.

So, where am I getting with this?

Now that everyone with a brain cell realises that printing money to avoid short term pain has long term consequences.

The fed decides to play God again. Cranking the lever up and crashing everyone's party. Consecutive rate hikes and it's fear has driven the market to capitulate again.

The rate hikes combined with a War has created uncertainty by exacerbating the problem. This could last for a while.

The fed is desperately trying to 'Control' inflation, when they're the ones who created the problem in the first place.

What could be next?

The recent inflation fears and the crash of the markets has created a scenario of political suicide for the ruling government. And I'm willing to bet that they'll abuse using the short term pain reliever again. (aka they will bailout the markets again) If they want to stay in power. Also midterm elections are coming.

The same root cause of the problem that creates market bubbles will happen again. Because mind you, we're all stuck in that same loop over and over, the moment the Bretton Woods was signed.

Now regarding crypto and specially Bitcoin.

Bitcoin was supposed to be independent of this bullshit. However, the venture capital that has flowed into it recently is tied to the traditional markets.

The rich folks in Bitcoin still consider it as a trading tool like stocks. That's why we still follow the price action of stock markets.

However, true believers of the Bitcoin thesis proposed by Satoshi Nakamoto would see that Bitcoin is a parallel economic system to the traditional markets.

The USD-BTC pairing itself is a one way trip. This may sound crazy and you are allowed to ridicule me. But mind you, this may be your only fucking chance of surviving the shitstorm of a central bank run economy.