Depending on the amount of wealth you have managed to accumulate during such excruciating conditions where the pandemic has managed to remove people from their jobs and close down small businesses in a short span of time, you will experience inflation differently. The pandemic just unveiled what the foundation of the American economy is based on. If buying a house was easy last year, this year it is going to be a struggle, and if you struggled with it last year, you get my point! Despite how many financial institutions try to trick you into believing that the economy is going through a recovery phase, it becomes evident just by looking at your bank account that something is not right.You might be wondering what the consensus among these high-profile bank managers is about the economy. If you think it is to continue with providing false hope, then you are correct. It is almost hard to blame these investors, after all, they spend all their life advocating for something that has worked in the past. The most interesting people are the ones who once advocated for the inflating dollar and now have sided with Bitcoin and cryptocurrencies. Regardless of their intention of investing in cryptocurrencies, it is obvious that the once glorified dollar has taken a major hit.The Federal Reserve(FED) has also lost a lot of credibility after supporting the inflation is a \u201ctransitory\u201d narrative. It has tried to correct the economy by using bond transactions, discount rates, and reserve requirements to no avail. For those who are not aware, these are basically last-ditch efforts to manipulate the market in case something like this happens. Even if you assume that this could work, what does that say about institutions that are only willing to take action once everything is on the\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Depending on the amount of wealth you have managed to accumulate during such excruciating conditions where the pandemic has managed to remove people from their jobs [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/4763"}],"collection":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/comments?post=4763"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/posts\/4763\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/media?parent=4763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/categories?post=4763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/zh\/wp-json\/wp\/v2\/tags?post=4763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}