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Dollar Inflation is to Stay and may Top 4% this Year as Crypto gets more popular as Hedge against Inflation

Dollar Inflation is to Stay and may Top 4% this Year as Crypto gets more popular as Hedge against Inflation



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7 Comments

  1. Was just reported as 5% by the government yesterday. Shits fucked! Look at the buying power of the dollar as well and combine that with inflation, man shit doesn’t look good. Our generation is fucked honestly.. its insane.

    Thankfully I’m getting a 14% raise next month, so that will balance out inflation quite a bit. But still, I feel for people earning minimum wage who now have 5% less buying power on the same wage.

  2. Interest rates will react to this.

    They have remained low because the DoT and Fedres and Fedres Member Banks have gotten DoT cash to buy up vast quantities of mortgages and bonds.

    Both at the high risk level. Just a matter of time before the musical chairs for mortgages and bonds stops.

    When that happens, one of two things:

    (1) Interest rates go up

    (2) More cash is pushed out.

    More likely 2.

  3. tldr; Duke University professor Campbell Harvey, who has a perfect record of predicting recessions, has said that the risk of inflation has increased. “Inflation could go up by 3% and that could be good news if you start at minus one. You go from minus one to two, that’s just basically the economic engine revving up. When you go from two to above five, you start to get worried,” he added.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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