Amen, Reverend

There really isn't anywhere to go besides dollars. Also the same issues that have made growth not a thing also suppress inflation .

re: the budget, I hate to defend Congress but when 535 people have very different ideologies and priorities its hard to achieve consensus.

The usual idea is to get rid of the State but I can promise you if that happens, the US and than the global economy will be deader than a coffin nail in a month . Th e last thing the world needs is one of the largest consumer nations moving to super high savings. This would put hellish deflationary pressure on every economy.

Frankly with family formation and child birth at ultra low levels and so many goods virtual, its too hard to goose an economy into anything passing for growth. There isn't anything out there to buy that anyone wants or needs beyond consumables. And yes birth rates up, not gonna happen for decades if ever. The developed world is grossly overpopulated in areas with employment.

I'll use myself as an example, excluding a nice house somewhere I like and maybe a truck, my demand for stuff is nil. I have all the goods I'll need for any reasonable purpose. I am far from the only one out there like this. Even an increase in money which I'd like , isn't highly useful since I have no wife, no kids and nigh anything I could want.

The caveat there is housing where there is work but that is ,limited by the terrain and we can fit everyone into small towns and rural areas.

To use an example, Korea .people living in a banjiha, and there are 350,000 of them in Korea are in no condition to raise children.

latimes.com/world-nation/story/2020-02-12/movie-parasite-korea-bong-joon-ho-banjiha

There was a reason Henry Ford wanted to spread out the population. cities kill population growth

There are solutions but they are very central planning like and might not work.

So the easiest workable solution is to put severe limits on immigration, repatriate as many people as plausible and allow the population to decline till its meets the level of available work . If you can combine this with marriage reform and if needed, work sharing (i.e a lower work week) you might be able to make child bearing plausible

Also this is a bit ranty, people complaining about interest rates have to understand that being paid for the use of your money is a luxury and you have no right nor any expectation that you can live on interest . If no one wants or needs to borrow, tough. You need to find something useful to use it for, start a business, pay off a house, whatever you want but without demand , no easy mode.

I understand that some people hope that the new currency will be crypto, but I doubt that very much… a statement he made two years ago about us 'having our gold back' implies strongly that he intends to follow a gold-backed currency model, which, with our current level of self-sufficiency, would make a NEW dollar the power model in the world market….much like the fiat dollar was the power model 70 years ago.

I am no economist, but I consider economists to be as 'smart' about economies as Jungian psychiatrists are about the human brain… which is to say, the more they supposedly know, the less useful and relevant they become.

I am betting (literally, there is a pool in Wendover, which won me big bucks when the GE won the 2016 primary) that the US, Mexico, Certain European countries that have discarded the EU, and Russia will be the BIG winners when the Global crash hits, by shifting their currencies and cutting loose the (((Banking Cartels))) debt cycles.

Change is coming, and cyclical theory implies that it is NOT ten years down the road… It is August, 2021. barely a year and a half away. The world is not going to end, but there are more than a few people , including 'political' wealthy families, that will wish it had.