Can’t understand a bit of this poorly written gobbledy gook.
D.
CMC, Economics, cum laude 1984.
Biden voters just don’t care.
Trump Advisers Discuss Penalties for Nations That Move Away From the Dollar
https://www.bloomberg.com/news/articles/2024-04-25/trump-advisers-discuss-penalties-for-nations-that-de-dollarize
So I guess the plan is to force other countries to accept the worthless dollar or else we will destabilize them or otherwise threaten them. Sounds like endless wars to me. But I guess the neocons would rather do that than to rein in spending.
Bidenomics is synonymous with Bidenflation.
If one listens carefully,on a warm spring night,you can hear them squaling a the trough.
We haven’t seen anything yet…inflation comes in many varieties- supply disruption, check….war induced, coming?…..shortage induced, check…..credit collapse, check……
The old rule: when in inflationary environments, get OUT of anything denominated in USD’s, and into “ things” that are tangible…PM’s, property, real estate, high end collectibles, etc….
Make no mistake, the Fed is cornered, at this point, the only way for inflation to go is UP…..possibly a decade.
Note: the stock market is a poor choice, just pull up Venezuela’s and Brazil, and now Argentinian markets- they continue to “rise “ as the country falls apart….why? their “ unit of measure” ( currency ) losses value every day.
Paper stocks sold off for increasing worthless paper currency is a losing game- most simply can not grasp that fact.
Bidenomics = Unproductive
No matter what he does the result is always the same.