The American economy has held up... for now. Some caveats missed. Economy propped up by consumers going further into debt. Spend and pretend. Employment numbers are heavily manipulated, revised months later only to show majority of jobs are government jobs so not productive for the real economy.
Inflation (theft) is permanent in a fiat system by design (structural). To think otherwise is believing in unicorns and mermaids. Rate of theft is cyclical depending on where the council of elders manipulate interest rates to “solve” past missteps which further distorts price signals to the point of more make believe.
There is truth and honesty in the world though and more people will gravitate towards it than ever before in 2024. Bitcoin is becoming too obvious for the masses to ignore and this is a fabulous development for mankind.
The American economy has held up... for now. Some caveats missed. Economy propped up by consumers going further into debt. Spend and pretend. Employment numbers are heavily manipulated, revised months later only to show majority of jobs are government jobs so not productive for the real economy.
Inflation (theft) is permanent in a fiat system by design (structural). To think otherwise is believing in unicorns and mermaids. Rate of theft is cyclical depending on where the council of elders manipulate interest rates to “solve” past missteps which further distorts price signals to the point of more make believe.
There is truth and honesty in the world though and more people will gravitate towards it than ever before in 2024. Bitcoin is becoming too obvious for the masses to ignore and this is a fabulous development for mankind.
I talk a little more about the American economy in this article: https://sylvainsaurel.substack.com/p/how-america-escaped-recession-in
And indeed, the recession cannot be ruled out forever...