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Vlad_The_Impaler on scored.co
11 hours ago2 points(+0/-0/+2Score on mirror)
It speeds up from here. Soon everything will start doubling every 5 years, then every 3 years, then ultimately crash.
The USA isn't serious about cutting the budget.
The USA isn't serious about raising taxes.
That leaves only one thing. The USA INFLATES its way out of debt. Exponential money printing. Gold prices are going parabolic.
That's why the prices of all assets are inflated. Housing, vehicles, trucks, bitcoin, gold, etc. There's too many dollars chasing not enough real assets. That's why you have all this money chasing fiat crypto and NFT's and digital fake shit. Too many dollars and not enough shit to buy. And Trump's tariff and trade war will reduce availability of supply, increasing demand and thereby increasing prices. More inflation to come.
Also when the USA gets another credit down grade then the interest rates on the USA's massive amount of debt goes up.
The USA isn't serious about cutting the budget.
The USA isn't serious about raising taxes.
That leaves only one thing. The USA INFLATES its way out of debt. Exponential money printing. Gold prices are going parabolic.
That's why the prices of all assets are inflated. Housing, vehicles, trucks, bitcoin, gold, etc. There's too many dollars chasing not enough real assets. That's why you have all this money chasing fiat crypto and NFT's and digital fake shit. Too many dollars and not enough shit to buy. And Trump's tariff and trade war will reduce availability of supply, increasing demand and thereby increasing prices. More inflation to come.
Also when the USA gets another credit down grade then the interest rates on the USA's massive amount of debt goes up.