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Strategies & Market Trends : Young and Older Folk Portfolio

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agniv
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QTI on SI
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To: QTI on SI who wrote (20734)9/30/2025 7:25:28 AM
From: cemanuel5 Recommendations  Read Replies (2) of 21789
 
IMO he overstates about everything. This is normal, how you get people to read something, but certainly puts a slant on things.

From the perspective of a total monetary system revolution. It's possible but not only does the world's largest economy use dollars but so do most of the world's top economies. I don't see a wholesale switch to the Chinese Yuan or non-secured crypto.

Obviously there's a US debt problem and it can't continue to worsen forever. IMO the most logical solution - given that we know the government will do nothing but continue to throw short-term money at people to worsen it further - is a period of hyper-inflation. Fortunately for us hyper-inflation means a period of 10-20%, not 500% like some 3rd world countries. That'll bring on one heckuva recession but absent someone actually doing something it's what I see. I can't say when this happens, just that inflating away debt is very likely at some point.

AI taking jobs will certainly happen but traditionally efficiency improvements tend to create other jobs at the same time. I can't point to exactly how or where that happens but it always has and I'm not sure why it wouldn't here. In fact it may be necessary so we can continue growing the economy while having a declining number of age-eligible people for the workforce. I can see a return to more inventory tax on business to account for income tax loss.

I'd say wealth taxes are likely except recently the government has been moving to less, not more wealth taxes. Every time you look up there are fewer restrictions on IRAs and social security benefits are suddenly not being taxed at the Federal level.

Stocks have been on a crazy run the past 15 years. I hope nobody expects this to continue long-term. I've been moving into less volatile stuff such as bonds and alternatives such as precious metals but it's a slow process at the moment.
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