President-elect Joe Biden is scaring the world to death with his $11 trillion spending fantasy coupled with his $2 trillion Covid stimulus package. And The Federal Reserve has a lot of printing to do to pay for Biden’s spending fantasies (that Speaker Pelosi will undoubtedly approve). All has led to US inflation expectations to rise to 2.11%.
Bitcoin has finally backed-off its meteoric rise just as gold has backed-off its meteoric rise back in July.
Bitcoin rose with Fed money printing but backed-off as money printing slowed. Note: The rapid rise in money printing was pre-Biden and largely due to Covid and government shutdowns.
Bloomberg Galaxy was down 7.5% on Friday while Bitcoin is down slightly today. ZCash is the big loser today with Monero as the only gainer.
But with Biden’s prodigious appetite for spending other people’s money, we can see fear in the eyes of taxpayers.
- Fleet Of B-52s Recorded Flying Over Long Island Out To The Atlantic Ocean Toward Europe..Something’s Up…
- “You would have a far-Right government in every country in Europe”
- US Now Lone Suspect in Nord Stream Pipe Bombing
- The Food Supply is Contaminated With SPIKE PROTEINS
- Another domino is starting to fall…
- This is EXACTLY how they will take away the CASH. So easy it’s RIDICULOUS.
- Woman “forgives” her mothers killer, visits him in jail. Upon release woman gives him a job at the decease mothers house and is quickly killed too.
- Fact checkers are quick on damage control for Project Veritas video. He was literally talking about directed evolution of COVID-19. How in the hell is that not clear enough for you?
- Putin ‘plans new pre-emptive strike’: Russia will launch assault West by February 24
- Justin Trudeau is in meltdown mode. Canada Freedom Convoy back to celebrate their 1 year anniversary with a Protest Party.
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