I was aware that after all the money printing and giveaways during the COVID was just delaying the payment of the crisis ´till a moment in which the economy could possibly take better care of it. However, it was certain that the true cost of the crisis was not being paid. But here is the bill: Soaring inflation, happily accepted by governments in Europe and mainly in US: 5% YoY in August.
This is bad news for most, however it is good news for bitcoin that benefits from inflation and loose financial policies. Keep hodling!
Not just soring inflation but at the same time the taxes are immeasurably high, the people in healthcare and even the teachers are trying really hard to take care of things as well.
The government is trying to make sure the government is stable and not the people.
Jobs are few and the middle class is suffering. The fact is people are getting vaccinated, therefore the jobs are going to be on the line soon but one has the realize that things are going to be alright only when the government supports people and stop trying to take money out of people.