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Ep 272 | Democracy Ain’t What It Used to Be | Guest: Glenn Jacobs

Kibbe on Liberty

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Impending Economic Challenges and Inflation Concerns

The global reserve currency status of the US dollar is slowly decreasing as countries like Russia and China shift to using their own currencies, which could cause inflation to soar within the US. This shift in reserve currency could lead to high inflation rates within the country as the US might have to keep more money within its borders. Additionally, the debt, interest payments on debt, and the expansion of the money supply are merging to create a looming economic crisis. The belief that debt and money printing do not impact the economy, along with the manipulation of inflation figures by excluding essential items like food and energy, are further complicating the situation.

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