Global governments have flooded economies with an unprecedented amount of fiscal stimulus, with most G20 countries injecting stimulus worth between 10-55% of GDP. The costs of such stimulus are enormous, and investors have been worrying about mounting debts around the world. Add to that the prospects of higher inflation, which could lead to interest rate hikes, and investment opportunities could start drying up.
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Central banks have also been flooding their economies with money, leading to concerns about fiat currencies losing value. As a result, both gold and cryptocurrencies have been seeing additional interest.
Borrowing from tomorrow to spend today can only be sustainable for so long. When the tide goes out, who’s going to be left swimming exposed?
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@Yehey
I think, future of the world will rely on crypto and gold. Gold will have that much value for longer period of time.
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