In a time of unprecedented money printing, growing unemployment, and low-interest rates, things are about to get worse for anyone still holding the U.S dollars as a safe investment.
I warned about this coming hyperinflation in a previous Bitcoin analysis titled “Hyperinflation and The Role Bitcoin as in Saving You from Bankruptcy“
Well, that analysis as begun to play out and it will only get worse for anyone that does not pay attention to the warning signs!
The Feds Plan To Devalue The U.S Dollars And How It Can Affect You
Earlier this week, the Federal Reserve chairman Jereme Powell announced the government’s new monetary policy stance on allowing the annual inflation rate of the U.S dollars to rise above 2%.
This simply means that your hard-earned money will now lose value twice as fast than it previously did in the past when the average annual inflation rate recorded in the U.S was 0.90%.
And as if that wasn’t bad enough, the Federal Reserve also announced plans of keeping the interest rates at the near-zero level for the unforeseeable future.
This policy renders the short term Bond market, Capital markets, and Savings account virtually useless for anyone looking to save money and accumulate wealth.
Putting your money into any of those assets will only cause you pain and cause the loss of your money.
But why are the FEDs doing this and how can you protect your hard-earned money from your government?
The U.S Stock Market Is Surging On Fake Money
The U.S stock market is at all-time highs even as unemployment and bankruptcy claims are increasing steadily.
This is currently creating a bubble that will eventually burst and signify the end of this current monetary system and the start of a new digital one with Bitcoin leading the way.
Investing in Bitcoin at this point in time will only protect you from this coming crisis.
Protect Your Wealth By Investing In Bitcoin
At this point in time, Bitcoin investing is looking more appealing to both short term and long term traders as the U.S dollars continue to grow weaker and the Federal Reserve continues to print more money into the system.
We can already see an influx of institutional traders and huge corporate organizations stepping into the Bitcoin market with the goal of using the cryptocurrency to hedge against the rising inflation in dollars and the weak global economy.
This influx in new investments coupled with a weak global economy will only lead to a massive surge in the Bitcoin price as Bitcoin begins to gain more momentum against the U.S dollars.
To gain more information on how to partake in this coming Bitcoin Bull run and trade this cryptocurrency, you can read my How To Trade Bitcoin Guide. You can also check my top list of Best Bitcoin Exchanges To Trade With.