Why do all you ‘experts’ tell us that things are great and then change your tune when things go the opposite at to what you predicted. Any fool can tell you yesterday’s weather

You have to listen to the overpaid governor, he will carry on raising and holding rates high until inflation stops, they forecast 13% now and they have been wrong on inflation since coming out of the 1st lock-down, he is one of those people blaming the war or supply chains. Personally, I think it's the end of the 0% era.

The other way to know that inflation comes from base money expansion is EVERYTHING is going up. A rising interest rate is a tool which removes money out of circulation. We live in a debt-based system. When you go to the bank for a loan they print new money when you pay off a loan that money is destroyed forever. This is the only way to destroy money, tax for instance (redistribution )mostly recirculates money and is neutral i.e less tax only means less government and is not inflationary. A higher interest rate destroys money forever out of circulation at a higher rate pure and simple. Note in a normally functioning economy it's banks that control money creation other than in a QE environment when it's the central bank.

First got into BTC back in 2016 and have been holding/buying sats at different price points since. I've been through corrections before and will likely experience more over the future. Volatility is simply the price one needs to pay if they want to play. I don't have any Alts as I'm a bit of a BTC Maxi, but that said, if BTC hasn't died before, it surely won't do so now. Stick in there – yes we are all feeling the pain, but over the long run this will just be a blip. This is how I see past corrections when I felt that I got in at a high (back then I think it was less than $1000 and bouncing all over the place!). Now when I look back, all I see is regret for not having the courage in buying more at those times. But if you believe BTC has value, then by all means, buy the dips if you can afford to. For those who got in at 60 or 70K and feeling the crunch: hang in there. BTC is not a get rich quick scheme. Wait it out and you will see: you will come away stronger. I buy and just trade long term more than ever, I have made over 6` btc with 3.1btc in just 5weeks from day trading with Expert MR. Brooks Harrison Crypto in a few weeks this is one of the best medium to backup your assets incase it goes bearish. Technical analysis is my second You can reach him on ͲeIєɠɾαm @BrooksHarrison and on whatsapp @✙18065020996 👈. Cheers and thank me later.

Where should the interest rate actually be? the simple answer is above the inflation rate. So we can take the BOE benchmark today at 1.75% less inflation CPI rate yesterday at 10.1 % = MINUS 9.15% (this fact should tell you why banks don't want to pass on a rise when it's actually still negative) Negative real rates are inflationary because money leaves banks making a nearly 10% loss on the official made-up number and enters real things like say oil? They can never stop monetary inflation with rates that low and all the other reasons you can think of like war are secondary. We know it's monetary inflation because of the amount of QE. QE is essentially the BOE financing the Government with new money on the back of all other money in existence and in 2020 they doubled that program to nearly a trillion. There are a few flavours/nuances of QE but that's what happened due to the virus. In a nutshell, The Bank Of England are miles behind the curve and will be forced to keep raising even in a downturn. Rates up =House Price down… once the public realises they're not protected anymore.

My house has gone up 8k this month

In 2008 UK house prices fell on average by 16%. This is less than the last 2 years of growth. Put that into perspective people.

Thanks

In my area, many houses already on the market have reduced prices by around 10k over the last month. Saying that similar houses that have just been put up for sales are going up at prices similar to what those houses originally were put up at.

In spite of the economic fluctuation, I’m so excited I’ve been earning $45,000 from my $10,000 investment every 10days.

People always start selling when prices are in free fall. Sell high, buy low 🙄

Force sellers will come in the near future for sure. Recession expected to last 15 months minimum

You should start to make videos short mate