If the Democrats Win The Senate, The House, and The Presidency, added Pressure will be on Jerome Powell – November 6, 2020,

If the Democrats win the Senate, The House, and The Presidency the last line of defense will be the Federal Reserve and the Supreme Court. There’s good news for hard money people under Joe Biden and that’s a stagnant economy regardless of what happens. Obama’s economy as many people know never improved, there were only currency wars, countries basically debasing their currencies to the US Dollar.

Under Biden, this will most likely happen again, because I didn’t see anything substantive from his economic plans. If you didn’t like Trump’s economic plan you’re going to really hate Bidens, not only is Bidens economic plan bad, it’s also more expensive, Biden will be raising taxes and adding more regulations and he’ll be doing this after the Coronavirus pandemic.

I can’t help but laugh when I think about Joe Biden as president😂, it wouldn’t surprise me if war breaks out in the middle east, once the dictators of the world realize the buffoon and chief in the white house, ANTIFA and Black Lives Matter only put Joe Biden in there to push their far-Left agenda, so it wouldn’t surprise me if Joe Biden gets push back from both the Republican and the Democratic-Socialist Left.

Both Joe Biden and Kamala Harris are indeed comical to observe and this period in history really is a toss-up, I can only look out for my own investments at this time, and the debasement of the U.S dollar at this point is inevitable, what I don’t know for sure is how much debasement other countries will engage in to keep the U.S dollar propped up.

In the minds of the money puritans, there’s this belief that the world will abandon the U.S dollar as the world’s reserve currency, which for the most part benefits people like me, but, I’m content allowing this thing to play out. The moment Donald Trump concedes Jerome Powell or whoever is Fed Chair has a decision to make because someone is going to take the fall when Joe Biden begins destroying the U.S economy.

The world never anticipated Coronavirus, Coronavirus is a deflationary economic event, now with Trump, his spending was targeted towards industries that have proven historically to deliver a return on investment. The Democratic Socialists who helped Joe Biden cheat to win want to get compensated😂 and they’re coming collect, you better believe they’re coming to collect, the rich oligarchs in the tech monopoly will be coming to collect, Joe Biden and Kamala Harris sold their souls to become President and this is where things get really interesting for the Federal Reserve.

Joe Biden would be wise and lucky if he does nothing, but if he as an example raises the Federal minimum wage and starts giving out all sorts of free money via stimulus and other things, that’s dollar debasement on steroids and what I expect will happen is currency wars, which will hurt the U.S economy and cause an economic crash the Federal Reserve won’t be able to prevent.

Currency wars work well when the world is productive when productivity is lacking currency wars are indeed allowing inflation to run red hot! Dare I say hyperinflation? Well, the only way to prevent hyperinflation is to raise interest rates, because and this is what’s so interesting about this, the numbers, depending on what numbers you look at will show that Joe Biden’s economy looks good😂!

Of course, Mainstreet will be in shambles, but a debased U.S dollar also COULD mean that stock prices are up. The term super-rich came primarily out of the Obama administration because as people remember, Obama bailed out Wall Street, there was no recovery under Obama, there were currency wars under Obama, but you’d have to have traded in the Forex markets to know that.

How Trump was able to garner so much support, was his MAINSTREET policies, which Joe Biden plans on reversing. Biden coming to power reminds me of a combination of Jimmy Carter and Barack Obama. Nobody likes Joe Biden or Kamala Harris, they’re there because a lot of people head Trump, just like a lot of people had Nixon and Watergate.

He reminds of Barack Obama in the sense that after George Bush, the markets imagined Barack Obama to be a Socialist, well Biden on paper is more socialist than Obama was, and unlike Barack Obama, Biden actually has a socialist wing that he needs to appease!

What this all means is if the Democrats Win The Senate, The House, and The Presidency the last line of defense will be the Federal Reserve. The Federal reserve can make the cost of money more expensive, but anyway we’ll see I don’t like to get into the theoretical. I’ll wait to see if the Republicans can at the very least hold the senate!

Interesting times ahead!