What's most likely to happen in the next 10 years?
1. Now that the U.S. national debt is high, how can the government repay the debt if it has no money? The only way is to release the water, make the money less and less valuable, and create inflation to defuse the debt, which is not a characteristic of the United States, but a common practice around the world.
2. The next 10 years must be an era of ultra-low interest rates, and high inflation will definitely come.
In the long run, we will only be able to barely beat inflation if we have high-quality assets, and in short, everyone's savings will definitely become less and less valuable.
3. The essence of the economic crisis is that the transfer of wealth is too fast, the water at the bottom is drained, and a dammed lake is formed on top.
The solution in the West is to trade time for space, and the expansion of jobs through infrastructure and public construction has now turned into direct payment, raising interest rates to increase residents' incomes, and transferring inflation to government debt.
4. If you use the same way of infrastructure construction to increase jobs, there will be overcapacity in the process of economic crisis, so take the way of raising interest rates and sending money to exchange time for space, delay the crisis time, until the emergence of new technology and business formats, you can solve a certain employment problem, the emergence of new technologies will inevitably drive a group of people to start a business, social capital mobility will be enhanced, and the new industry needs new jobs The crisis can basically pass.