The Atlantis Report and The Nomad Economist 4-6-2021
The Atlantis Report
ALERT: Goldman Sachs & Other Big Banks Wave White Flag on The Dollar
The Government is bankrupt; The Corporations are bankrupt; many people are bankrupt and struggling. Yet, the Mainstream media narrative is suggesting that we are in an economic boom.
Indeed if you are in the top one percent, this is the greatest economy ever, no question about it. The Fed is printing money at an unprecedented rate. The US government continues to borrow and spend at a torrid pace. The money printing press is running day and night for buying goods and stocks from other countries. The US prints money like there's no tomorrow.
Most of those dollars go straight into the stock market, so it flies. GDP has to increase faster than money printing. Else The Dollar, in relative terms, is going to lose value.
The dollar is going down the gutter. Talk about inflation. The interest rate is going up because of the massive money printing economy. We are spending with all these stimulus programs etc., more than double of what we brought in. This is immoral and unconstitutional.
The dollar will be toast when this is all through. This is planned destruction. The death of the US dollar as the world’s reserve currency will have a negative effect on the lives of most Americans.
For the full transcript go to https://financearmageddon.blogspot.com
Crazy Bidding Wars Has Pushed Home Prices To Hyperinflationary Levels
The Nomad Economist: April 6, 2021
Crazy Bidding Wars Has Pushed Home Prices To Hyperinflationary Levels
The Wildest Home Buying Binge In U.S. History Has Pushed Home Prices To Hyperinflationary Levels All over America, we are witnessing crazy bidding wars for the limited number of homes that are on the market.
In many areas, the moment a desirable home goes on the market potential buyers start making offers that are tens of thousands of dollars above asking price. Not even in the days before the housing bubble burst in 2008 did we see anything like this.
As I have discussed in previous videos, in some cases more than 100 offers are coming in for a single home. It is actually an understatement to call what we are watching a “frenzy”, and there are no signs that it is going to cool down any time soon.