That's because they physically have no choice. If they don't keep the bubble going, it will pop. And when the everything bubble pops, it's taking whole countries with it.
There's no way anything gets better. As inflation increases, so will velocity. You'll end up with hyperinflation and a melting-up of the economy.
This is why I don't think something like $20,000 oz gold is impossible. They may cut off all avenues of deflation so much that the price of everything will just continue to skyrocket until, yeah, gold is 20,000 oz, and gasoline is $50 /gallon.
Spotted courtesy of Styxhexenhammer666. Fun stuff
That's because they physically have no choice. If they don't keep the bubble going, it will pop. And when the everything bubble pops, it's taking whole countries with it.
There's no way anything gets better. As inflation increases, so will velocity. You'll end up with hyperinflation and a melting-up of the economy.
This is why I don't think something like $20,000 oz gold is impossible. They may cut off all avenues of deflation so much that the price of everything will just continue to skyrocket until, yeah, gold is 20,000 oz, and gasoline is $50 /gallon.
Honestly they should let it "pop" now. Rather than letting the problem build.
They carpeted over the 2007/2008 crash by bailing the banks and it pit almost the entire world into run away inflation anyway.
They should, but they can't.
They're just going to keep digging the same hole until they dig their way out of it... and they won't.
Only NPC believe what Biden says. His handlers consistently have him read out blatant lies to serve whatever purpose is required for the moment.