So ..... assuming the law of supply and demand etc..... if we take billions of dollars out of the consumers hands .... the demand drops .... the supply is long .... and the price comes down for those who actually have their own money.
Well, we also have to analyze what happens to the black-market foodstamp economy... convenience stores.. drug trafficking.. selling your food stamps for 50cents on the dollar.. restaurants cooking meats procured via EBT.. where’s the money to make the Escalade payment... there’s just too much craziness for me to believe it will actually happen.
>>and the price comes down for those who actually have their own money.<<
It all depends on whether or not we miss a payment on our national debt bills. If we do the dollar will drop in value like the Titanic. A $100 bill will buy a gallon of gas. Gold will be in high demand.