At some point some kind of correction is inevitable, in my view. Prosperity on the back of huge increases in money without corresponding increases in value is a mortgage on the future. The lifestyle is an illusion, and will revert to the underlying reality sooner or later, possibly through hyperinflation, economic collapse , or both.
Wh…
At some point some kind of correction is inevitable, in my view. Prosperity on the back of huge increases in money without corresponding increases in value is a mortgage on the future. The lifestyle is an illusion, and will revert to the underlying reality sooner or later, possibly through hyperinflation, economic collapse , or both.
What I don’t quite understand is how the wealthy, with their huge numbers of dollars that will soon become worthless, escape the consequences. Won’t they be dragged down? What currency will underpin their assets? Is that why certain of them are buying huge amounts of farmland, so they can be feudal lords?
They are stockpiling gold. Also, they plan to implement Central Bank Digital Currency- ideally before the crash- but afterwards is a possibility too. There are also claims they have underground bunkers that were built by the global Deep State- so they can hide out for a long time, if necessary.
At some point some kind of correction is inevitable, in my view. Prosperity on the back of huge increases in money without corresponding increases in value is a mortgage on the future. The lifestyle is an illusion, and will revert to the underlying reality sooner or later, possibly through hyperinflation, economic collapse , or both.
What I don’t quite understand is how the wealthy, with their huge numbers of dollars that will soon become worthless, escape the consequences. Won’t they be dragged down? What currency will underpin their assets? Is that why certain of them are buying huge amounts of farmland, so they can be feudal lords?
They are stockpiling gold. Also, they plan to implement Central Bank Digital Currency- ideally before the crash- but afterwards is a possibility too. There are also claims they have underground bunkers that were built by the global Deep State- so they can hide out for a long time, if necessary.