Most people in this country don't understand just how much damage the Biden administration did to this country with the high inflation, open border policy and who knows what else. If we ever get one of these "Socialist Democrats" in office there will be a war.
This is why you should be Hoarding Gild and Silver ONLY
more like 3100 percent since 1913. 99.1 percent loss in buying power.
I bought a VR with my first stim check and an AR with the second.
I love this country!
As soon as the government rolled out the first round of checks, I was telling everyone to get ready for inflation. When most weren't working or producing anything, money was being created out of thin air like hell to provide aid/loan to every business and send checks to everyone; then the dollar is going to lose its value, and you are going to have inflation. That's how the economy works. Lack of education, though, is the reason for all the gibberish in the comments. Trump started it, and Biden continued to a certain extent. I didn't even get a penny out of all that, since I was considered an essential worker building a hospital.
Hoarding gold? With what fucking money? Everything is more expensive than it was seven years ago and I'm actually earning less. I went from living comfortably to living hand to mouth.
I'm stacking Bitcoin. I believe it will become the dominant monetary system in the world. The Dollar is slow motion failing. As the USA gets more 3rd world the currency will get more 3rd world. 20% per year inflation rates in the 3rd world are common. Inflation comes from dilution of the money supply, and the US Government is 40 trillion dollars in debt with no signs of slowing down on deficit spending, only speeding up. Gold and Silver are a decent store of value because they have limited supply inflation, but already failed as money primarily because these metals are not portable enough.
Bitcoin has a verifiably finite supply, you can self custody it conveniently, and you can make peer to peer electronic transactions without a bank as the middle man. Bitcoin is also much tougher to seize than your bank account. You memorize your 12 word seed phrase and you have your money locked in your head. You can flee the country with it, you won't be fleeing the country with bars of gold, they'll be seized at the border.
Iran is reported to be using Bitcoin because it's the one transaction that no government can stop, and they can't seize it unless they know your 12 words.
I'll get my financial advice from someone who can spell "gold," thanks.
