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Mackinac's avatar

First the country is being run by communists. So there is no economic logic to any prediction of events. But given current trends obviously the spending of money we don't have will continue. The Government must have inflation or the debt will spiral to the point of bankruptcy, supposedly something that can't happen when you can print in dollars. However with the BRICS trying to dethrone the dollar which is certainly possible since most of the world's commodities come from the BRICS it appears spending will continue until the communists are removed from office and some sensibility or realization happens to those in control who aren't fully Marxist politically.

At the same time the world is experiencing a Revolt of the Public i.e. world society is realizing through the internet and alternative media that the controlling elite are lying and misrepresenting almost everything important to capitalism, health, vaccines, money printing, the stock market, war etc. Some unknown portion of global society wants to dispose of the current elite at any cost, even at the cost of democracy. Obviously US leaders such as Gavin Newsom have just made it illegal to check ID of voters. To anyone using logic this is tantamount to promoting any non citizen to vote or control the supposed democracy of the US. So what will happen with the dollar's value can't be understood until this plays out as to whether or not traitors control the US government and spending or those who want capitalism and retained value of people's individual savings. Obviously the destruction of individual savings is a violation of the US Constitution. We have a lot of destruction of personal property by the government and strangely many inside Congress are not aware of these violations.

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Andrew Crawford's avatar

Winning this election is looking more and more like a poisoned chalice.

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