Good analysis, thanks. IMHO, they will turn on the money printer, big time. And they will use the whole process to move more money to the billionaires. They will continue the Trump tax cuts and more. Plus, project 2025 makes it clear that they will go after Social Security and Medicare
My thoughts on DOGE 🐶, it's potential impact on the deficit, whether fiat will keep expanding, and its impact on Bitcoin. Would love to hear your comments below. https://m.primal.net/OcYo.mp4
Discussion
People seem to be in disbelief.
Your observations all sound very plausible. Fiscal dominance will likely remain the dominant outcome. However, as you noted most observers applaud their efforts and it’s great to see government attempting to take responsibility. How long the Trump / Musk partnership will last in the face of a very difficult task will be interesting to monitor. In the meantime, what is a humble investor supposed to do in the middle of all these immense forces pulling the monetary relationships apart? Will bitcoin ever be cheaper again than now? Are the shrewd waiting for another big bear to scoop up more hard money?
I don’t know the answer to your questions. People I respect advise to not try lo time the market.