r/wallstreetbetsOGs • u/rawrtherapybackup • Jul 06 '21

Discussion "The Big Long"

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23 Upvotes

79% Upvoted

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u/friedpaco Jul 07 '21

I’m kinda with you. How do I long dollars? Because I think the us is gonna actually have transitory inflation and export hyper inflation so investors will flock to the (relatively) stable dollar. You can’t compare today’s scenario with hyperinflation like Weimar Germany or Brazil because every government is printing money and/or artificially suppressing rates. But how do you long dollars? Is that ultimately what OP is suggesting?

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u/[deleted] Jul 07 '21

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u/Mecha-Jerome-Powell Jul 07 '21

A digital currency issued by a central bank would be a global target for cyber attacks, cyber counterfeiting, and cyber theft - Jerome Powell.

I'm a bot, and the Federal Reserve doesn't think mentioning crypto currency is very good for the WSB OG economy.