We reached a monumental Breakpoint in the US economy. The US inflation rate is slightly above 13% according to John Williams of Shadow Stats. That 13% inflation rate is the same as the growth in the M2 Money Supply which is defined as currency, checking account deposits, savings accounts and other near monies. In 2021 there is no advantage to printing money because we get no growth. That is the first Breakpoint. Even the stock market is tepid. And job growth is less than immigration so no jobs are being created for young people either leaving the military or graduating from colleges, trade schools and high schools. The Final Breakpont is coming soon enough. That day arrives when prices go up faster than Washington can print money. That is when printing another few trillion dollars takes away twice as many trillions in purchasing power from the public as it gives in free money handouts. In short the Final Breakdown is when Free Money ends and liberalism dies. That is coming sooner than you think.
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