Luke Gromen: This is Going to Change EVERYTHING! 

Luke is brilliant and more importantly he is right.

So massive inflation is coming home? FYI, great scenario to investigate further.

I LOVE Luke Gromen, but i have a big question: If bonds go down, interest rates go up, foreign money floods in, dollar goes up. Got that! BUT! Where does that incoming money go? How can it go into dollars without touching bonds?

Like almost everything else, I enjoyed it very much. Problem is… I still don’t know what the fuck my long game is here. What should an “average person” be focussing on right now and more importantly, over the next five years?! There should be some basic fundamental message that always seems to escape me

Japanese government may have a larger debt/GDP ratio than the US, but the US has much worse consumer and corporate debt than Japan. the avg. American is just a reflection of how the federal and state mismanage their finances. Both have been living off debt for too long. Time to take the punchbowl away now.

If I understand Luke's analysis, he is saying the FED will have to "Support bond market at the expense of the currency", with result that assets will skyrocket in price, ie require more dollars to purchase them, inflation will rage, even though "the economy" may be tanking, and people are losing jobs...At some point, won't those lost jobs translate into lessening demand for many assets with increasing supply, (like for homes)? It seems that gold would do well in this environment. He also said "The United States is externally funded, unlike Japan, so we cannot afford positive real rates, we need negative real rates", meaning the FED will keep Treasury purchasers in a losing position, and therefore treasuries and cash will lose, whole gold gains?

I read the U.S. is largest holder of btc. Why can’t that be part of commodity back currency

Don’t cry for me Argentina

The Fed should need to start buying treasuries again. They've already slowed down from lowering their balance sheet.

Damn - seems like there’s no exit

The fed has to make a choice ...save the currency or the bond market.

Nope, Luke is missing one critical thing. He assumes the system doesn’t change. It will via the “UNIT” being announced in October by the BRICS. FED won’t be able to print - game over