504 sats \ 5 replies \ @Enemy_of_the_state 5 Mar \ on: When Money Dies In The 21st Century econ
I think this could be the endgame, but people have said that since 1971.
Weimar took 10 years from massive printing to dead currency.
The dollar will take longer because of
- dollar milkshake (Brent Johnson)
- much larger pool
I have the same expectation as you. It's looking like the US economy is staying afloat a little longer than the other major economies, which have already entered recessions.
Capital flight still generally benefits the dollar.
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Seems like stables, and the new frenemy status that USDT seems to have w/ the various legit institutions, will supercharge Dollar Milkshake.
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While I was writing this I knew my impressions were of course skewed and biased, since I'm living it. I think your reply is the most likely scenario.
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I think the elites are counting on mass immigration to bring labor costs down. Right now it is too much of a downgrade in lifestyle for most Americans to bother working in low skilled labor as an apprentice or in most low skill jobs.
Migration is their answer, because the migrants will accept a much lower living standard in exchange for their very profitable unskilled labor. This is at the expense of the middle class tax payers’ wealth and safety.
The second goal of immigration is a multicultural society, with no assimilation. “Celebrate diversity.” Western Europe is letting its people be shot, stabbed, raped, acid attacks, and run down with vehicles, while threatening them with jail for online “hate speech”. The more civil unrest, the more freedom can be stolen.
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It’s a disgusting agenda
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