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The time is now 9:52 am
You last visited
May 4, 2024, 9:49 am
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Eastern Time (GMT-5:00)
US dollar is collapsing slowly
Published:
Updated:
US printed $3 Trillion + in covid relief bill earlier this year on top of already newly printed budget deficit of the same years $900+ billion
And now trying to print another $900 Billion on top of budget deficit of this fiscal year which is $1Trillion of newly created money out of thin air because there's no existing money the gov has.US is already in $27 Trillion+ in debt
The world won't be consuming these much inflation of the dollar because money printer is now printing much much faster than the goods and services produce by the world
So no one can save the collapse of the dollar in the coming months or few years probably before the year 2024 because US gov has to keep printing to kick this can down the road until the dollar loses value
Dollar index is right now in the 90 handle and it will easily take down its all time low of 71 handle from 2008 within 1 year I think and there will be no coming back from there that I can tell you babehh
Comments
Unemployment = inflation...stay tuned.
Just Rich getting richer babehh
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