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

Entry #17

Comments

Avatar sully16 -
#1
I wonder, who will get rich shorting the dollar.
Unemployment = inflation...stay tuned.
Avatar NY10 -
#2
Those who are already rich with piles of cash to invest in assets which will go up
Just Rich getting richer babehh
Avatar sully16 -
#3
yep

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