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bucolic_frolic

(53,261 posts)

2. The financial press won't tell you it's all fed by crypto, which has pulled back in recent days.

Wed Nov 5, 2025, 05:08 AM

Nov 5

Is crypto creating money every bit as much as any Fed asset purchases could? Crypto is the new QE and the new asset-backed mortgage derivative? AI chips are pricier than gold by far. Crypto may not be greenbacks but they're buying everything in sight.

I'm pondering if this is Delusional Wealth. Crypto, AI "knowledge", AI infrastructure, gold .... It seems like 1979 all over again to me, the age of hard assets in fact, fiction, and film. It was all going to the moon.

But, I think this pullback is temporary. It's AI, and the growth aspects of the businesses involved will reassert as soon as Congress passes a budget. But by April, I expect we'll revisit a more serious stock market correction.

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Highlight:

Stocks and crypto tumble after CEOs raise concerns of a market pullback [View all] BumRushDaShow Nov 5 OP

This is good GreatGazoo Nov 5 #1

The financial press won't tell you it's all fed by crypto, which has pulled back in recent days. bucolic_frolic Nov 5 #2

"all fed by crypto" is nonsense. Similarity w 1979 is Supply Shock fr deportations & no-hire-no-fire & tariffs. Bernardo de La Paz Nov 5 #5

The crypto house of cards will crash when markets see Trump lose some of his power. Lonestarblue Nov 5 #3

could this be the beginning of the bubble burst? nt Javaman Nov 5 #4

Peak bubble unknowable until well afterwards. One can guess & hedge & use stops to mitigate bear bets. . . nt Bernardo de La Paz Nov 5 #6

Stock prices are high and due for a correction IronLionZion Nov 5 #7

High now question everything Nov 5 #8

Crypto, AI, and the corporate surveillance state can all go to hell. hunter Nov 5 #9

"investors fled riskier assets like digital currencies". oasis Nov 5 #10