We should all be setup for some serious deflation: Boomers dying, migrants being shut out, people legit fucking broke, bullshit economic numbers being revised, technology replacing low end jobs, cutting the size of gubermint, companies are probably sitting on layoffs they wanted to hide before the election.
But Trump's back, so it's not that simple. He's gonna "GrOw OuR WAy OuT of ThiS"
Complete bullshit.
So it's like what's the next hustle?
- I see a lot of "eliminate taxes" buzz
- He blamed Obama for fake numbers, but continued to fake them
- He blamed Obama for money printing, but continued to print.
- He "built a wall", but didn't really.
Just trying to brainstorm. I expect lots of CBDC talk here.
Just wondering when the shit will hit. We're currently in a honeymoon-hopium phase of "this time it's different".
I see the economy in serious trouble. The only way out is to inflate the currency. I do believe deflation will follow shortly behind. As boomers die off, more housing will be available than people to occupy the housing.... Unless.... They allow huge amounts of immigration, and that will be the likely scenario because banks are getting interest off of printed money that they never had to begin with. 6% of $600,000 is more than $300,000, so I seriously doubt they want deflation. I have a feeling the next 2 years are going to be rough.