We are posting $1 Trillion deficits yearly. We are printing $40-$80 Billion in fiat toilet paper out of thin air every month. We have a moron running the country.
And gold is finished?
At some point very soon, everyone will be disinclined to purchase our ever increasing debt.....wonder what that will do to inflation?
That’s already happened.
The Fed is “buying” much of its own debt.
“Buying” being a euphemism for simply printing away without actually saying so...
There are two problems,
First of all, we need to stop spending.
There is however a problem. We are exporting formerly American jobs.
Americans are losing jobs. That is the biggest problem, and the reason the GOP is now out of power.
BRING BACK JOBS NOW. Then shrink government.
But do not do it the other way around, or Dems will simply take over.
Bring back US jobs now.