Re <<Credit Card Trends Hint at Deflation>>
(1) True
(2) Might be because much of the world do not have discretionary money
(3) Could be that much of the planet is in trouble, as cost rise due to peaceful rise of the East, and wastrel devolution of the West
(4) Trade War reinforces (3) and impels (2), making (1) more true
(5) CoVid, that which the West and the East weaponised as some sort of philosophical way, makes more true (2) and (3)
(6) Central Banks tries to help by doing what they can and must, and under the way of MMT, and making worse the trends (2) ... (5)
(7) To those who can, bitcoins and or gold, so you are right perhaps without meaning to
(8) If above (1) through (7) is reasonable and proves out, then bitcoins and gold, advisably
(9) Because US$, along with all fiats, shall go inflate or hyper inflate or worse
Recommendation: get with the program, of bitcoin and gold |