Prepare for Inflation And The Failure of The Present Monetary System
We just had the best August for the Dow since 1984. Maybe we should shut the country down more often.
Wall Street operates in a different world than Main Street. Main Street is mired in a deep depression now, along with the effects of the pandemic, and Wall Street seems to be little affected by it.
For years Wall Street has almost zero to do with the real economy of the US.
Another million filing unemployment claims again this week.
And that's called wonderful in Fed's Bizarro World.
The Fed will just keep on printing. We are entering the final stages of a debt collapse. This is not a stimulus. It is Modern Monetary Theory in action.Helicopter money.
And my bet is it's going to be PERMANENT. Well, until they totally debase the dollar.
10 Trillion dollars of freshly printed money directly into the pockets of billionaires was not enough.
2 TRILLION MORE is on the route. Crumbs to the unemployed and middle class with at least 3/4 of the freebies going back to CORRUPT Wall Street, Banks, and Corporations that ALREADY got trillions in the bailout and to bankrupt states and local governments. National debt at least 30 trillions to end 2020. It is the cliff shaped like a V.
You can see the bottom of a cliff; it is more like an abyss.
Whatever goes up, must come down. It's just a matter of when.
The US economy is now 100% virtual. Our currency is next.
The dollar index continues to decrease. It fell below 92 earlier today and is now at 92.07. Doesn't look good for the Federal Reserve Notes value.
I think we need another 10 Trillion to the criminal banks.
Inflation will destroy the dollar and the economy.
The Fed just changed the rules for inflation target calculations.
It will no longer focus on keeping a lid on inflation.
Inflation is now everywhere. I see it first hand. Gas, Food prices, property tax, health insurance. The true inflation is much higher than the doctored numbers they give out as official.
#theatlantisreport #economiccollapse #silvercoins