As Joe Biden get closer to the White House The U.S Dollar continues to fall and Energy Prices Continue rising, I see Currency Wars – December 1, 2020,
If I were a Donald Trump supporter, even if I knew there was voter fraud, I’d actually be more concerned with the rising cost of living if Joe Biden wins, because if Bill Clintons campaign slogan “It’s the economy stupid” holds up, I don’t see how Joe Biden or Kamala Harris win a second term, especially if Republicans can at the very least get this voter fraud problem under control.
If for a second we can imagine that there wasn’t widespread voter fraud, the Republicans via Donald Trump still managed to get 74 million votes, so not all is lost if they can keep that momentum for the next four years, which shouldn’t be hard once Americans start to notice energy prices rising under Joe Biden.
If people remember, Donald Trump worked very hard as President, he worked so hard in fact that it wouldn’t surprise me if that the story about him wearing a diaper was true, to me it was almost like Donald Trump never slept, not only did it seem like Trump never slept, it became obvious to anyone who cared to watch that Trump got a lot done in 4 years, while at the same time fighting off false accusations.
Trump is a hard act to follow for Joe Biden and because of Joe Biden’s stance on climate change, energy prices all over the world are going up which means the cost of living in America is going up and the US dollar is going to go down.
Now if people remember the last time the U.S dollar fell, currency wars began, because the welfare States of most nations revolve around those nations devaluing their currencies to the U.S dollar, so what this means is U.S dollar debasement while prices for things all over the world will be going up. Now, this doesn’t mean prices for EVERYTHING will be going up, there are still areas of the economy with market forces that have little government involvement.
But everything energy-related appears to be going up, which is why I think Wall Street is making record highs, people are dumping dollars now to ride the wave of debased U.S dollars later. Because most people expect when the economic downturn starts that Central banks are going to provide liquidity and Joe Biden’s admin will malinvest and I generally think we’re going to see an economic downturn in the global MAIN STREET economy, but people do remember what happened under Obama, which was Barack Obama and the Fed bailed out Wall Street.
Joe Biden made a lot of promises to his donors to win this election, so it’s safe to bet that Joe Biden just like Barack Obama who is a multi-millionaire now will bail out and finance his friends on Wall Street. Joe Biden is already distancing himself from the Democratic Socialists in his party and he’s a return to the old days of corporatism, I think Wall Street is making a smart move and I do think the price of Bitcoin is telling us everything we need to know about the U.S dollar heading downward.
It’s just a matter of Joe Biden being confirmed as President of the United States and from there, I think people will start to comprehend what the next four years will look like.
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Interesting times ahead!