BTC-USD 1,000,000 by ... ?
BTC-USD 1,000,000 by ... ?
Dollar Dumps, Markets Rise - All-In Podcast
Imagine that.
Strange sell-off in the dollar raises the specter of investors losing trust in the US under Trump
#erratictrump #lunatictrump #crazytrump #crazycheeto #dollardevaluation #crateringeconomy #economygoingovercliff
Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar. Currencies rise and fall all the time over inflation fears and other factors, but economists worry the dramatic dollar drop shows a loss of confidence in the U.S. as President Donald Trump tries to reshape global trade. If true, the blow could be big. The special status of the dollar as the medium of international trade and a safe haven has allowed the U.S. government, consumers and businesses to borrow at low rates even as debts have ballooned, which has helped speed economic growth.
As a non native english speaker I wanted to be sure & looked up the term "#accord" before posting this. But it DOES mean "formal reaching of #agreement"; "#compact"; "#treaty".
Even the #economist in this video had a really hard time not laughing out loud in public.
"$5 meals are the new dollar menus"
TOLD YA!
https://medium.com/@sara_causey/told-ya-again-028752f68c5c
#dollardevaluation #USDollar #valuemeal #risingprices #costofliving #economy #inflation #foodinflation
Remember when the items on the value menu were $1 or less? Now the "value menu" is $5. That's because a fiver is what a single used to be.
https://medium.com/@sara_causey/the-value-meal-economy-57dca89cadb4
#dollardevaluation #USDollar #valuemeal #risingprices #costofliving #economy #inflation #foodinflation
Inflation is theft and the economy is rigged.
https://medium.com/@sara_causey/exactly-were-screwed-on-purpose-bd702ac41a48
#inflation #economy #inflationistheft #thefed #cronycapitalism #riggedeconomy #dollardevaluation #purchasingpower
This reality has already happened! Jeffrey Garten argues that the removal of the dollar from the gold standard was an admission ipso facto that the dollar was no longer top dog. The dollar has consistently lost purchasing power and this inflationary hell is certainly not helping.
https://medium.com/@sara_causey/the-x-date-is-when-the-u-s-runs-out-of-cash-3a2be00bfde3
#economy #inflation #costofliving #purchasingpower #USdollar #dollardevaluation #debtceiling #Xdatewhenweareoutofmoney
"Your purchasing power is being eroded literally by the day."
"The Western currencies might get into a problem and need to be reset."
https://medium.com/@sara_causey/your-dollar-has-lost-99-of-its-value-4d47f1c1de90
#economy #USDollar #dollardevaluation #ITMTrading #CliveThompson #currency #currencyreset #CBDC #currencylifecycle #thefed #gold
And they say, “We would never have a dollar collapse, we would never have a dollar devaluation, we’re always going to be the world’s reserve currency. Everybody respects America, respects the dollar, right?” Believe that at your own risk.
https://medium.com/@sara_causey/so-much-for-that-disappearing-inflation-2e5eab027865
#dollardevaluation #inflation #goldstandard #currency #USdollar #currencylifecycle #economy #costofliving