Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

new currency

Market Insanity

Insane Currency Policies could Drive Bitcoin Prices through the Roof

Official exchange rates are now meaningless in most countries. The only way the Egyptian government can get people to pay attention to them; is to threaten to put people who ignore them in jail. Once the average person realizes that the government cannot throw everybody in prison; the exchange rate itself will probably quietly disappear, in order to help the government save face.

Read More