Considering trillions of US dollars being printed in last 12 months. There is one way certain, they can not continue printing indefinitely.
With printing they increase debt and lower purchasing power of not only US citizens but on to rest of the worlds citizens, as also large percentage of USD is sitting outside of US borders.
All currencies in the world since 1970s are no longer backed by gold as real money, but are backed by trust into US dollar currency. USD is loosing its power, as they are adding it more and more and proving they do not know what they are doing.
This kind of management is not only playing with your future and future of your kids it is potentially going to cause worst depression that will ever happen in our known modern history, that will take whole world into shock.
When it comes, it will come strong and sudden. And it will bring all down. Bitcoin will not be any better, it will also be dragged down. People will try to get out of everything to get a little bit of their currency so they can pay bank loans and buy food. Times will be difficult, however first asset that may bounce hard, much harder than gold or silver, won't be stock market, it will be Bitcoin
With printing they increase debt and lower purchasing power of not only US citizens but on to rest of the worlds citizens, as also large percentage of USD is sitting outside of US borders.
All currencies in the world since 1970s are no longer backed by gold as real money, but are backed by trust into US dollar currency. USD is loosing its power, as they are adding it more and more and proving they do not know what they are doing.
This kind of management is not only playing with your future and future of your kids it is potentially going to cause worst depression that will ever happen in our known modern history, that will take whole world into shock.
When it comes, it will come strong and sudden. And it will bring all down. Bitcoin will not be any better, it will also be dragged down. People will try to get out of everything to get a little bit of their currency so they can pay bank loans and buy food. Times will be difficult, however first asset that may bounce hard, much harder than gold or silver, won't be stock market, it will be Bitcoin