Maximüller
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Alexandre de Moraes knows he is going to lose! That's why he tries to break Brazilian banks and drag the people down with him. By the way, if it's going to fall, let it fall shooting, right? I just hope that in this fall he shoots himself in the foot, and not the people.
How does this affect cryptocurrencies, finance, etc.?
Investors (both domestic and foreign) seek predictability.
When a Supreme Court minister makes decisions that are seen as too political or punitive, without clear limits, it creates the impression that the rules can change according to the political climate.
This drives away foreign investors and makes loans more expensive, because the risk of investing money in Brazil increases.
Less exports = less inflow of dollars = devaluation of the real.
Weaker real → increased inflation → imported products and fuels become more expensive for the people.
$COS $BTC #BNBATH880
How does this affect cryptocurrencies, finance, etc.?
Investors (both domestic and foreign) seek predictability.
When a Supreme Court minister makes decisions that are seen as too political or punitive, without clear limits, it creates the impression that the rules can change according to the political climate.
This drives away foreign investors and makes loans more expensive, because the risk of investing money in Brazil increases.
Less exports = less inflow of dollars = devaluation of the real.
Weaker real → increased inflation → imported products and fuels become more expensive for the people.
$COS $BTC #BNBATH880
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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