The US is headed straight into an inescapable downward spiral of a political-inflation cycle that follows a clear pattern and creates a self-perpetuating doom loop.
1. In a fiat currency system, the government will inevitably print an ever-increasing amount of currency to finance itself.
2. This makes prices and living costs rise faster than wages.
3. The average person feels the pain but doesn’t understand what’s happening.
4. More people support politicians who promise freebies to supposedly relieve the pain inflation causes.
5. In order to pay for the “freebies,” the government prints more currency.
6. This creates even more inflation, and the cycle repeats.
https://financialunderground.com/articles/how-inflation-destroys-civilization-and-what-you-can-do-about-it/
NickGiambruno / Nick Giambruno
npub1wgj…e082
2023-08-22 15:16:48
Author Public Key
npub1wgjh30uxvvepumxhl3qlfzmt4chueprxmcvrxyw0wjtv9m4w8zwq3se082Published at
2023-08-22 15:16:48Event JSON
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"content": "The US is headed straight into an inescapable downward spiral of a political-inflation cycle that follows a clear pattern and creates a self-perpetuating doom loop.\n\n1. In a fiat currency system, the government will inevitably print an ever-increasing amount of currency to finance itself.\n\n2. This makes prices and living costs rise faster than wages.\n\n3. The average person feels the pain but doesn’t understand what’s happening.\n\n4. More people support politicians who promise freebies to supposedly relieve the pain inflation causes.\n\n5. In order to pay for the “freebies,” the government prints more currency.\n\n6. This creates even more inflation, and the cycle repeats.\n\nhttps://financialunderground.com/articles/how-inflation-destroys-civilization-and-what-you-can-do-about-it/",
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