US Dollar Will Go From “Buying Diamonds” to “Buying Cracker Jacks”

When Jesus said, “While they are saying ‘peace and safety’, destruction will come upon them suddenly”, this could be one way this plays out for the most wealthy, powerful nation to ever exist…USA.  While we are all living in our million dollar homes, counting our million dollar 401k and fighting over gender pronouns, transsexuals in locker rooms and old a baby has to be to legally kill it, the value of our money could collapse overnight, given the right set of circumstances.  As he says, you might get your money back from the US Treasury Bond or bank in which you deposited it, but if you deposited an amount that would have bought a diamond necklace, when you pull it out it may only buy a plastic necklace.  Most Americans will be bankrupted overnight.  No one will be standing in line to buy your million dollar property because their home value and bank account has plummeted.

When will this happen?  We are hopeful that it will happen AFTER the rapture and that the rapture event is what causes the sudden destruction of America.  All the signs are there.

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Veteran macro investor Luke Gromen warns holders of US Treasuries that their investments will likely turn out to be unprofitable.

In a new interview with Nicole Shanahan, Robert F. Kennedy Jr.’s vice presidential running mate, Gromen says the United States’ lack of domestic manufacturing capacity is becoming a threat to national security.

 “We might have 10 times the GDP Russia has, but Russia produces oil and stuff, and some big chunk of our GDP is flipping monkey JPEGs back and forth at ever higher prices and flipping houses back and forth, which is fine in peacetime, but in wartime they’re useless. And so the Russians are outproducing us with one-tenth our GDP.”

Gromen also argues that the real value of the US debt is “the biggest short.” He explains that while US Treasury investors will able to get their money back, he believes the purchasing power of the dollar will eventually plummet.

“You’re going to get every dime back in Treasury bonds you own, but it’s going to go from buying you a diamond necklace to a cubic zirconia necklace to crackerjacks on a string that you used to make for your mom at Christmas time when you were in first grade. 

That’s what Treasury bonds are going to do and that’s just how these things work out. The boomers are going to pay for their healthcare one way or another.”

https://dailyhodl.com/2024/08/13/35000000000000-us-debt-is-now-the-biggest-short-according-to-macro-guru-luke-gromen-heres-why/