The United States runs on a credit card, and we’re trillion…

Twetch ·

The United States runs on a credit card, and we’re trillions in debt and they’re raising the internet rates on us.

What’s crazy about this is that we were at 0% for so long, we got so decadent enjoying free money with no accountability, that even the slightest raise is putting huge pressure on all aspects of our economy.

Peter schiff is exactly correct that 0% money is monetary heroin. And we’ve been drug addicts for so long, any amount of decrease in our supply puts us into withdrawal symptoms.

The Fed has a choice. They keep pushing interest rates higher, to save the addict from major withdrawal so stocks can go back up, or they cut and reverse interests rates back to 0% to save our economy which then inflates the dollar much worse than it already is.

The pivot back to lower rates would spark a commodities bull run that could last a decade.