Election aftermath: USD Collapse & Bitcoin Boom?

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Avatar for NaomiBrockwell
3 years ago


Another election has come and gone.


And the winner is... the state.

The money printers will continue to churn, that much we can expect.

In the past 12 months, the amount of US Dollars in existence rose by over 41%.


25% of all money ever created by the FED was created in the last 12 months. Let that sink in. It's no wonder bitcoin rose back above $15k today for the first time in almost 3 years.


USD money supply chart:

https://fred.stlouisfed.org/series/M1


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#bitcoin #collapse #recession #cryptocurrency #economy


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Comments

Things that "third-world banana republics" almost always have in common:
Only the ruling class counts the votes, always in their own favor.
The money they print always gets spent first by the ruling class for whatever they favor.
The ruling class incarcerates the uncooperatives and enslaves the cooperatives.

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3 years ago

pretty much

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3 years ago