I wants them 6-8% shopping CD rates to come back in full glory......
Dream on, that's never happening again. Even raising rates to 3-4% will raise interest on $30 trillion will break the budget. We will have to give up the military and Social Security just to pay the bills. I knew 15 years ago that rates will never go above 5% again. Cash holders in retirement mode were forced to go into stocks and stay there. If interest rates get much above 2.5%-3%, the stock market will crater like 1929.
The question I have today is what, effect, if any, will Bitcoin have on the markets? Stability is supposed to be what Crypto is all about. Gold and silver are not eve standing up to these pressures. If it were, Gold would easily be above $5000 and oz and breaking new records. Bitcoin is busy setting new highs.
IMO, Bitcoin could step in and be a replacement economy once the dollar collapses. Almost anything we do, the outcome will be like printing Confederate money after the war ended. Printing script like we did in Viet Nam can only take us so far. Whatever happens it will involve a tattoo on the forehead or wrist you can bet.
Rumors about "The Reset" involve swapping your money for Bitcoin and no more cash using all digital currency. I don't believe it can ever happen unless the government controls crypto. In the mean time, bullets and beans are the currency you need.