Big money is flipping their assets to cash and real estate in preparation for the coming massive interest rate hikes.
Why would anyone want to have excess cash during a time of heavy inflation and a contraction of stuff that's being available, i.e. is being produced and shipped to the US? That's what I don't understand. Money should lose, not gain, in value.
Because they have no idea where else to put it. The entire Western way of life is falling apart and the people of the West are unable to even identify non Western associations to "invest" themselves in.
so everyone sells his stocks and gold and crypto just to have some $ and €, of which they know that they'll lose value?
When interest rates go up to 1970s level you'll want cash
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