4 Tweets 3 reads Mar 17, 2023
It's not just Europe. It's the whole west
There are only three options available
1) Stop rate hikes
2) Debt crisis - inability to pay off the interest on the debt, nations go bankrupt
3) Rate hikes but print even more to pay the missing money for interest
Nr #3 is most likely
Nr #3 is the biggest Quasimodo we yet had, where on the outside Central Banks play the tough guy with rate hikes, while on the inside they print more to prevent the system from collapsing
This is already happening by the way
The more they hike, the more they gotta print
In history govs never chosen to go full debt crisis
When given the choice they always choose to print more and 1st slowly but then fast to depreciate the value of their currency. This time, hiding it behind "rate hikes"
And the only outcome is the rise of scarce assets
People around the world are very slowly but surely starting to realize there is no way out of this.
Scarce assets will retain their value and your purchasing power.
The decade of commodities is here. It's inevitable

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