The deficit is blowing up as the Federal Reserve creates more money out of nothing to lend to people and the government in the economic destruction caused by the lockdowns. This is going to impact all of us in the form of higher prices and hyperinflation.
We can already see the devastating effects of the draconian lockdowns and coronavirus regulations on the prices of food. Even if people did not lose their job, they surely noticed the cost of food. I know I have! But the rising prices of food will also hit those with less room in their budgets.
“A couple of months ago, we saw the largest single-month increase in food prices that we’ve seen in the last 50 years,” said Diane Schanzenbach, an economist at Northwestern University.
Food is a necessity, and people tend to buy what they can afford. This will have a negative effect on health in the long run as well. Organic fresh vegetables cost more than packaged snacks. Preparing meals at home takes time and energy, while tossing a frozen pizza in the oven is quick and easy.
The effects on the people’s overall health in the aftermath of the economic terrorism will be felt for decades. Even though the money printing presses are running 24/7, government assistance for anyone what is not a large corporation has been abysmal. That is all by design, but also is a discussion for a different day.
93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.
Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!
Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!
With food supply chains dramatically impacted on all levels by restrictions and regulations during the coronavirus pandemic, the prices of food are still expected to rise even more in the aftermath of such restrictive economic repercussions. The decisions made will have an impact well into the future, but food prices will play one of the biggest roles, since not a single one of us can survive without eating.
There are ways to prepare. Hopefully, you were able to put an emergency fund in place, so even if you have lost income, you have some dollars at your disposal. If you have been stockpiling gold and silver, you have probably noticed positive gains and own a physical asset that is a representation of the wealth you’d like to preserve.
Cryptocurrencies have also been on the upward move and if you have ever considered getting into them, now could be a good time. Bitcoin is poised for some rather large gains by the end of this year as the dollar gets decimated by design.
For now, having a little bit of extra money to spend sitting around is a good thing. But, be wary of the future. The dollar may not have much, if any, value this time next year based on how many of them have been pumped into the dying economy to prop up corporations and the stock market.
I stand by my previous suggestions: buy silver and gold, and Bitcoin and Ethereum. 2020 is not over yet, and we could see historic up swings for all of those as the dollar gets throttled!
Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!
Protect Yourself Now, By Building A Fully-Hedged Financial Fortress!
We are not brokers, investment or financial advisers, and you should not rely on the information herein as investment advice. We are a marketing company. If you are seeking personal investment advice, please contact a qualified and registered broker, investment adviser or financial adviser. You should not make any investment decisions based on our communications. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT recommendations. The securities issued by the companies we profile should be considered high risk and, if you do invest, you may lose your entire investment. Please do your own research before investing, including reading the companies’ SEC filings, press releases, and risk disclosures. Information contained in this profile was provided by the company, extracted from SEC filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee it.
Please review our entire disclaimer at FutureMoneyTrends.com/disclaimer.