Worst bill in US history- infinity stimulus bill — read below

The initial price tag is 2 trillion this won’t be enough many more bailouts coming. We basically have to bail everyone out because no one has any savings the fed has artificially suppressed interest rates for the last two decades, everyone is loaded with debt that can’t be paid, so a flu comes around and is more than enough to wipe everybody out. This stimulus bill is the craziest thing I’ve ever seen. $1200 to everyone from the printing press, we don’t even actually print money anymore we add digits to a screen. I don’t think, just like the fed having to monetize the debt to infinity, I think this will be the stimulus bill to infinity. In 08 we managed to monetize the debt and most of the inflation went into assets. This will not be the case because that $1200 stimulus check given to everyone will not be in the stock market it will be in the super market which will drive up prices on main st instead of wall st. I don’t think it will be a one time $1200 stimulus check, I think it may work at first but over time this will likely be exponentially increased I mean what happens when it’s $10,000 a month could be coming. At a minimum here we will see stagflation but the probability of hyperinflation is the highest it’s ever been. We did see much higher inflation than the actual government numbers before the bubble got popped but it was mainly iPhones, colleges, medical, and a few other areas where we saw the high inflation kick in. This time it’s going to hit other items including gas when the velocity kicks back up again out of this temporary deflationary environment we could see big moves here. As I said before this recession was going to be much worse than subprime 08, back then we saw 700k loose their jobs in one month this time it’s in the millions (3.3 million) and its only the first month. In 08 we bailed out the banks and a few others, this time it’s everybody. To do the right thing the fed should allow free market to raise interest rates let everyone fail, go back on a Gold Standard, most businesses would go under, social security would go bankrupt, we have to get government out of healthcare, cut spending across the board and let free market capitalism fix it all but we would lose everything instead we are going to make all the problems worse by adding digits to a screen. If we did the right thing we would have a lot of bad years but at the end of the tunnel if we had small government, low taxes and regulations this economy would boom like no other. Back when we had small government we used to get 20%+ GDP growth now we are at the lowest gdp growth ever 2% about to fall off a cliff into negative. That 2% gdp is assuming you believe the bullshit inflation numbers.https://www.thebalance.com/us-gdp-by-year-3305543

The fed has two choices permanent depression or destroy the dollar, I think it’s going to be destroy the dollar based on what they are doing and I hope we don’t get hyperinflation but it looks like that’s what is coming. Check out my Gold idea next I will post tomorrow on what to do to benefit from this. I recommend you watch this video on hyperinflation George is definitely a very smart guy youtu.be/va9bvUVEGjU, also this one youtu.be/uyj-unafl4A

https://www.visualcapitalist.com/the-anatomy-of-the-2-trillion-covid-19-stimulus-bill/

https://schiffgold.com/key-gold-news/federal-reserve-announces-qe-infinity/