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Lmao at all these low value men thinking the usd is going to crash or that inflation isn’t transitory and a good thing. Usd crashing is stupid so only need to say that there is zero other option and every other currency is crashing va usd, idiots who think the yuan could replace it don’t understand it cant even leave china and if it does, it can never return, a global reserve this cannot make. Inflation is caused by boomers retiring on average q4 2022, when you retire you cash in your stocks/investments and move to t bills and cash because you cant afford a downturn. Boomers were the largest generation in history and all of them selling out at the same time, taking their money and removing it from the investments system is causing rates to go up. This is coupled with the fact that manufacturing is being reshored from china to here and latin America. We are experiencing the fastest reindustrialization in history, which is competing with your average joe for less investments dollars as companies take out loans to finance this, driving up rates more. But rates cant go above 6%, so the end is close, probably just one more year of rates. The other issue is that boomers retiring is causing there to be more jobs available than people to fill them as gen x was the smallest generation. Less people competing for more jobs means people can demand raises or just get a better paying job, making labor costs go up. But all of this is a good thing and with about 5 years of belt tightening, America will set itself up to dominate world markets for the rest of the century, with absolutely no one able to compete. Only thing you need to do to survive in America is to max your contributions to your 401k/roth ira. Hahaha usd collapsing jfc
