Could you argue your position?
Currency printing and inflation.
As the dollar goes, we go.
Weimar 1922 says hallo.
Helicopter money solves nothing.
For the people. For the club of government/banks its a wet dream of value extraction from the masses.
Will inflation really get that dire? Also, I'm pretty sure 2/3 of all dollars are abroad, so as the the dollar goes do does almost everyone.
I hope not but that's more normalcy bias than reality. The fed has been stuffing banks with around 80-120billion a month ever since the financial crisis in 08. The covid hoax has injected another 10 trillion into the money supply. Banks, Insurance companies, hedge/mutual funds, and pension funds all speculate in equities/futures/currencies and any other type of derivative product an investment bank can dream up. So banks with 0% interest free money, from fed MBS purchases, use this money to speculate as well as loan-to/bail-out speculators(Hedge Funds).
So they are all speculating in futures and commodities. This rampant speculation leads to higher costs that trickle down to the consumer. The money printing cannot and will not stop else the financial system collapses. Imagine people losing 70% of their retirements plus about 40% of all publicly traded companies going out of business and chapter 7 liquidation.
So the feds have 2 choices. Either the death of the dollar by hyperinflation or complete destruction of the paper economy. I think that's also a reason behind the push for a digital dollar. Only negative rates and the elimination of cash can they ever hope to stop hyperinflation. They might even use that in their propaganda touting a digital dollar as Americas savior.
International faith in the dollar is the only thing keeping it afloat and that's why I don't think they will kill the equities market. So its hyper inflation + digital dollar mania until the ship finally sinks. The current annual inflation rate is 4.16% and that's with all their exemptions and mathwork for inflation data. In less than six months it's doubled. The entirety of my adult life its been 2-2.5%.
Even the crooks at the top can't hide it any more. But rest assured it was all by design, just like covid itself. What they don't talk about with Weimar was that the hyper inflation was stopped by a new currency issue and banks agreed to limit speculation. Prices could stabilize tomorrow with the stroke of a pen but the pen owners don't work for us anymore.
TLDR: Yes and it's going to get nasty.
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