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But i really can't understand shipple logic. Cpi was announced as very high and they dump their assets for stables like usd which inflates like a fat fck? I can't understand them. What are they trying to do? Save their assets in the form of fiat which looses buying power? Can someone explain why is it so?
Becouse crypto more volatile than the dollar ! That simple ! Bigger losses in crypto than the 9.1%
They put to safer place - fixed deposit, bond, money market
They are trying to save their wealth but they will get rekt even faster when the stock market will pump like crazy.