There could certainly be a correction, but 80%? Keep dreaming. High debt and servicing that debt, combined with record spending in general all points to inflation as a long term trend.
But we should only be so lucky to have a major decline in assets. It would be great for retirees on fixed incomes and for young people starting out.
Sorry, but you are completely clueless and do not understand money creation, monetary Inflation or reserve currency status at all.
Read Steve Keen, Richard Werner and Peter Bernholz to understand those. Hell, even read the Bank of England
"Money creation in the modern economy".
Yes, Dollar will probably go up for a while in the coming global financial crisis (google.dollar milkshake theory for basics), but the reasons are different from what you think and the relief will be short lived.
Enjoy starving to death, psychopath.
Thanks for not reading my comment before replying. Take your strawman and chew on it. Maybe it’ll keep your hunger at bay.
Thanks; you will starve to death and no one will mourn your passing.
I am happy that you will starve to death. It is a good thing that you will die.
Hmm, interesting, and yet you’re trying to get us to invest in them. How droll, dumbass.
There could certainly be a correction, but 80%? Keep dreaming. High debt and servicing that debt, combined with record spending in general all points to inflation as a long term trend.
But we should only be so lucky to have a major decline in assets. It would be great for retirees on fixed incomes and for young people starting out.
We’ll get right on that.
No one gives a shit how your pieces of paper “value” something, kike.
Literally the fucking opposite is true. You’re clearly just trolling now. Malice requires competence and you don’t have it.
Sorry, but you are completely clueless and do not understand money creation, monetary Inflation or reserve currency status at all.
Read Steve Keen, Richard Werner and Peter Bernholz to understand those. Hell, even read the Bank of England "Money creation in the modern economy".
Yes, Dollar will probably go up for a while in the coming global financial crisis (google.dollar milkshake theory for basics), but the reasons are different from what you think and the relief will be short lived.