Hi Friends,
Just when things are starting to heat up in the stock market, the elephant in the room starts to rear its ugly head:
The national debt is high and higher interest rates will not be helpful. They just keep raising the debt ceiling but what is the end game? How does this get resolved? Sure, they could simply print more money and pay it off, but that would lead to hyperinflation and destruction of the dollar.
Typical - its the same problems over and over again.
Thanks for coming by,
Brian
It depends on the ups and downs of the market. But you are right. High interest breaks the back. Thanks for sharing.
Fiat is a ticking time bomb. This is the kind of news that legitimize the deflationary nature of crypto. At this point, it’s wise to diversify your wealth into something we know will only grow in value over time, crypto is the future of money.
I think raising debts is a problem for many countries in the world today. If they will print dollar ever again, there might be a bull season in the crypto market. (Not finacial advise)
It’s only a matter of time before the dollar falls to its knees.
The government of Pakistan is also making the same mistake of devaluing money more and more due to which the value of money is depreciating. The facts of what has been decided in the FMOC meeting today and the interest rate decrease, we will see on the crypto market in the coming days.
It's really alarming for the people of United states as their debt has surpassed the 31 trillion $ mark, some people are saying those numbers are very less as compared to the numbers in real.