This guy basically saved the US economy from hyperinflation and a trump just wanted ZIRP back.
That’s going to lead to hyperinflation. Nobody is going to want greenbacks when Trump decides to print a few $T to pay down the debt. Then Americans are going to see every good increase in price exponentially, and I mean real pound me in the ass exponentially and not the watered down “goes up quickly” exponentially people throw around.
it’ll be fantastic for my investments in gold and silver though.
If this spirals there’s a pretty solid chance that we end up with 08 at best, depression at middling, or outright economic collapse and possibly interstate trade shutdown at worst. Metals generally hold their price well enough in such situations, stocks not so much.
This guy basically saved the US economy from hyperinflation and a trump just wanted ZIRP back.
That’s going to lead to hyperinflation. Nobody is going to want greenbacks when Trump decides to print a few $T to pay down the debt. Then Americans are going to see every good increase in price exponentially, and I mean real pound me in the ass exponentially and not the watered down “goes up quickly” exponentially people throw around.
it’ll be fantastic for my investments in gold and silver though.
Why precious metals and not foreign investments?
If the USD dies I don’t think any asset is going to do well, except like maybe Russia.
China’s export economy will crumble, I’m Canadian so our trade will fall apart, and the Euro will probably have a crisis like 2008.
If this spirals there’s a pretty solid chance that we end up with 08 at best, depression at middling, or outright economic collapse and possibly interstate trade shutdown at worst. Metals generally hold their price well enough in such situations, stocks not so much.