You can't taper a Ponzi. Even worse, the Ponzi has to accelerate as time goes on.
This is what the death throes of a late stage fiat collapse looks like.
Now would be a great time to learn about #bitcoin if you haven't taken the deep dive already.
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Better get out while you can
A lot of pensioners aren't going to have a pension.
Not to be a skunk at the party, but debt and fiat debasement can go on for a long, long time, especially for the world reserve currency, the dollar.
Bitcoin can certainly strengthen though, so that’s what I’m focused on for my lifetime.
False money dissolves society.
💯
Buy some metal disks while you're at it
For example, US Nickels are worth over 5c in metal value and naturally hedge against inflation, deflation, currency revaluation, and financial collapse (barter)
Precious metals are less bulky and even more barterable, but don't necessarily hedge deflation & revaluation quite as effectively
How is national debt comparable to a Ponzi scheme?