Most people don't know anything about economics except the lies that they are fed, no pun intended. But they do correctly associate government spending with government printing, and government printing with eventual hyperinflation. What they don't realize is that the fed has been inflating the money supply by 6.5% per annum for decades now. And yes, the recent "covid" spend didn't help things at all from the perspective of "price stability" which is supposedly the fed's 2nd mandate (right behind full employment).
But what 99% of the people don't know is that the currency, which they fear is being made worthless by money printing IS ALREADY FREAKING WORTHLESS. The fake money is backed by nothing and that is the definition of worthlessness. So if we get hyperinflation then it won't be due to money printing folks. It will be due to EXACTLY what I told you 100 times before was the real root cause of massive if not hyperinflation and that is loss of confidence in the issuing authority.
So now we have Dorsey going around telling the twittersphere that “Hyperinflation is going to change everything. It’s happening."
Folks, how many times do you have to see and hear my predictions coming true before you take serious action? I will repeat for the cheap seats that buying physical silver is THE VERY BEST single thing you can do for your financial freedom. Stocks are overpriced so SELL them and buy silver. Silver can fluctuate wildly like bitcoin, but silver can never go worthless. So at some point those wild fluctuations will be to the upside and silver will be trading in the 300s. And the more public messages that go out from influencers like Dorsey, the faster it will occur.
How are the dems ever going to pass their spending bill with dorsey scaring the shit out of everyone? Man I wouldn't want to be a democrat politician right now.
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