77% Of Americans Are Worried About Soaring Inflation
submitted 3 years ago by Drewski from (zerohedge.com)
[–]magnora7 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 1 fun3 insightful - 2 fun - 3 years ago (0 children)
As they should be, it's starting to accelerate quite rapidly, and that's even started to really affect food prices and other essentials.
Also something like 40% of all USD that has ever existed was created in the last 2 years. We're trying to shed debt obligations through inflation but it's just going to implode the middle class even more. I hope they don't go full Zimbabwe. Although if the goal is to destroy all fiat and get everyone on digital bitcoin currency, then that'd be a great way to do it... Just look at how popular crypto is in Venezuela now after their hyperinflation event
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[–]magnora7 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 1 fun3 insightful - 2 fun - (0 children)