Home CryptoBitcoin Debt Swells, Bitcoin, Crypto and Gold are Must Owns

The US has the largest deficit since World War II at 16% of GDP, and the Federal Reserve is financing virtually all of it, with a small contribution from financial corporations (mainly banks).

Holdings of Federal debt securities by the Fed jumped by more than $3 trillion in the year through the third quarter.

There has never been a more important time to seek a safe haven Gold the traditional safe have and now, Crypto, especially Bitcoin maybe become the safe haven of choice.

Mocked and ridiculed for years, and still viewed negatively by Banks and Governments Bitcoin is emerging as a way to sidestep the wasteful excess of Governments and the financial trickery of the Banks.

The status of the U.S. dollar as a world currency is not set in stone, it was not so long ago the British Pound ruled the world, and now the United States may be forced to worry about the repayment of national debt, because maybe it cannot be repaid by simply expanding the issuance of U.S. dollars.

As long as the world still has high demand for U.S. dollars and U.S. bonds, its debt can expand indefinitely, and it has the ability to repay its original debt by issuing more debt.

At the same time, as long as the Fed keeps interest rates low enough or even zero, it does not need to worry about interest costs. This is a situation that has been repeated in the United States for many years.

This of course kills the buying power of the Dollar and is why Elon Musk said, Bitcoin was less dumb then cash.

Can the United States continue to issue bonds to stimulate the economy and increase wealth. Can it last forever? The answer is no.

Perhaps the simple grand strategy is to watch and wait while the US goes bankrupt. and the value of Crypto, Bitcoin and Goal soar.

You may also like


Your Trusted Source for Capital Markets & Related News

© 2024 LiveTradingNews.com – For The Traders, By The Traders – All Right Reserved.

The information contained on this website shall not be construed as (i) an offer to purchase or sell, or the solicitation of an offer to purchase or sell, any securities or services, (ii) investment, legal, business or tax advice or an offer to provide such advice, or (iii) a basis for making any investment decision. An offering may only be made upon a qualified investor’s receipt not via this website of formal materials from the Knightsbridge an offering memorandum and subscription documentation (“offering materials”). In the case of any inconsistency between the information on this website and any such offering materials, the offering materials shall control. Securities shall not be offered or sold in any jurisdiction in which such offer or sale would be unlawful unless the requirements of the applicable laws of such jurisdiction have been satisfied. Any decision to invest in securities must be based solely upon the information set forth in the applicable offering materials, which should be read carefully by qualified investors prior to investing. An investment with Knightsbridge is not suitable or desirable for all investors; investors may lose all or a portion of the capital invested. Investors may be required to bear the financial risks of an investment for an indefinite period of time. Qualified investors are urged to consult with their own legal, financial and tax advisors before making any investment. Knightsbridge is a private investment firm that offers investment services to Qualified Investors, Members and Institutions ONLY. Qualified Investors are defined as individuals who have met those Qualifications in the relevant jurisdictions. Members are defined as individuals who have been accepted into the Knightsbridge membership program. Institutions are defined as entities such as banks, pension funds, and hedge funds. If you are not a Qualified Investor, Member or Institution, you are not eligible to invest with Knightsbridge. All investments involve risk, and there is no guarantee of profit. You may lose some or all of your investment. Past performance is not indicative of future results. Knightsbridge is not a registered investment advisor, and this disclaimer should not be construed as investment advice. Please consult with a qualified financial advisor before making any investment decisions. By accessing this website, you agree to the terms of this disclaimer. Thank you for your interest in Knightsbridge.