I'm missing the fiat bubble or debt bubble, it's real and I think it certainly will burst at some point. Currencies based on property instead of debt are so much better, from both a technical and ideological viewpoint.
You are viewing a single comment's thread from:
True, most assets are in a bubble nowadays. And there's another major bubble that has been called the "money bubble." The Fed, the Bank of Japan, and the European Central Bank have all printed truckloads of money in their QE programs.
Soon, the chickens will come home to roost and the SHTF. All overvalued assets will come crashing to their actual worth -- including stocks, bonds, property, and fiat currencies. And since they've been printing so much of the latter (and will likely continue to do so), we'll get inflation and quite possibly hyperinflation. It's almost inevitable.
As for cryptocurrencies being in a bubble, I think that is a moot question. A bubble means that something is far overvalued. One can argue that bitcoin, steem, and other cryptocurrencies have not yet reached their actual value, and are in fact still UNDER-valued.
The other sole assets that remain undervalued are the precious metals. After 5 years of a precious-metals bear market and price suppression, gold and silver in particular are insanely cheap.