How sustainable is this?
How sustainable is this?
What do you think OP?
Any opinions
Pretty sustainable if you’re USA
unsustainable. eventually, inflation will cause consumer prices to rise dramatically, and the dollar will lose reserve status. the world is going back to a gold standard. china and russia have been hoarding gold in anticipation of making this change.
I would personally think that artificially inflating the market to have it appear fine isn't a good idea and will lead to more problems down the road. Especially since they can't just do this forever something will give eventually.
It is the US, as long as trust in the institutions remains over 25%, and that seems to be the case, and as long as the military is happy, it can. This isn't a small European country or some South American shithole
Money printer goes...
Highschool level thinking
BBBRRRRRRRRRRRRRR
Deflation is coming. Expect cheapies in the coming months ahead.
$0.01 has been deposited into your account.
this
Lol. Please don’t listen to this brainlet. There’s no fucking gold standard return bullshit. Ever. You may as well wish for nuclear winter. Conspiracy-tard-tier
So we /bull/ forever?
Tell him he is a shizo and should take his meds and than take a nap. That works
>muh gold
Accountability vanishes. And suddenly, your grocery store is empty and your boiler isn't working.
They will continue to do it until they no longer need to. They have UNLIMITED resources and dont give a fuck. At worst when Biden wins its his problem, so they give even less fucks.
enjoy the ride
No. Nothing lasts forever. But for now you’ll bull and in Feb you might not. Just don’t listen to fucking psychos who tell you “this is Armageddon”. If you believe that you may as well literally only ever hold cash and cigarettes and ammunition
What even is Bidens economic policy at the moment?
Printing money works until is doesen’t. We will have to go back to gold eventually.
It took the Roman empire 400 years to finally collapse, if you count the Eastern Roman Empire as part of the original, roughly 1300. Europeans and descendants of Europeans are not bug people
What's the dem standard?
Based, more asset inflation.
If anyone is wondering why the dow is as high as it is even though we've experienced a massive worldwide recession.
It's because of BRRRRR
>doesn't want to lower interest rates negative
>buys bonds instead
lol just lower rates again
selling out to China, the same Clinton and Obama did
He’s a corporate democrat. He’s just paying lip service to some of the Bernie bros to get their vote. I’d expect more destructive neoliberalism as always.
reminder that powell dug a hole for our economy that will take decades to get out of
So expect that with tax breaks for the working class if hes to be believed.
the funny thing is the fed and government point to a "stable" CPI as proof we're okay. meanwhile, we have massive bubbles in the stock market and real estate. eventually, we'll all get burned.
it's not a conspiracy. china is dumping us treasuries and stacking gold. it's not a fucking secret you fucking mmt fucking faggot.
>muh mmt
>muh keynesianism
>muh daddy government please save me
Think about the following
If manufacturing in foreign countries becomes more expensive than manufacturing in the US, what does that do to the economy? Like Apple products or parts produced in India being heavily taxed if re-imported to the US. Apple products will lose market share in the US and as other countries don't have the leverage to play protectionism against the US to retaliate, apple has to relocate to not lose its biggest market
4 more years communist
No you won’t you fucking retard. No one goes trading with their pocket full of gold bars lol. The only way usd loses its status is when we switch the standard to digital dollar
that was then. the US jumped the shark after 9/11 20 years ago. timelines are accelerated. bread and circus is no longer working.