Dogmatix
Active Member
SilverSanchez said:Trump is going to be a big spender, big builder and tax cutter.
Lets get some perspective
Record US government debt increasing big time
Jobs increase more money in the average man's account
Average man spends money feels confident
Investment in US infrastructure and military
... ummm money velocity increase big time
Isn't this what the hyperinflation crowd have wanted all along?
Side note this is (or could be) exactly what Hitler did trying to get Germany out from under its troubles pre wwII.
Im not saying Trump is Hitler, Im saying Trump is doing what has done before
The debt is going up not down - how is that debt going to be serviced?
How is the debt going to effect America
I see this as the first step in a big bubble of debt and stock market prices.
The 2010 gold narrative is stronger now than ever
+100
Great comment got overlooked by many it seems.
What is not said is how it will affect the currencies of other countries. Does this mean a stronger USD? Lower AUD? What happens to China? Many variables, but i agree with the US case.