ilmscore | NEW CRYPTO LAW - Explained

NEW CRYPTO LAW - Explained

Published: 2021-11-15
Status: Available | Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Topic
Status
Economists predict the infrastructure bill will initially increase inflation, but it's expected to be temporary.
"economists are saying that this will increase inflation but hopefully it won't be as bad and that it'll be transitory"
Inflation
Pending
Flooding the economy with money, coupled with supply chain and labor shortages, will likely lead to higher prices.
"because if you flood the economy with even more money this could create more demand and we can't meet that demand because we have supply chain issues and labor shortage which creates inflationary pressures which means prices will go up"
Inflation
Pending
Improving infrastructure is crucial for long-term economic growth and easing inflation, despite potential short-term price increases.
"but on the flip side i can also see the argument that improving our infrastructure is very important in increasing our economic capacity and alleviating those inflationary pressures even if in the short term it's going to increase inflation just a little bit because in the future we might not ever get the chance to do this again"
Inflation
Pending
The true impact on inflation won't be clear until around July 2022, after the Fed stops tapering, and it's expected to be higher than anticipated.
"so as far as inflation goes though we won't know for sure what it's going to look like until at least the middle of 2022 about july when the fed has stopped tapering at which point then we'll know and based on things so far it's probably going to be higher than we expect"
Inflation
Pending
The crypto world will likely experience a surge in transfers of amounts just under $10,000 due to new reporting requirements.
"this means that the crypto world is about to see a lot of transfers of 9999"
Crypto Regulation
Pending
Evergrande's potential collapse could negatively impact China's supply chains, leading to worse inflation globally.
"i'm just crossing my fingers that evergrand doesn't affect our supply chain problems because if ever grant goes down which is a huge real estate giant then that could choke china's supply chains and because everything is made in china we wouldn't want china's supply chains to get even worse because that will make it worse for us back home which of course contributes significantly to that inflation"
Supply Chain
Pending