RE:WHEN will we FACE Up to the FACTS ???
As long as the US dollar remains the world's primary reserve currency, the US will continue to print dollars inflating the bubble economy further.
Inflating this bubble economy built on debt to keep it alive by adding more debt to the inflation time bomb.
QT notwithstanding. Some job the Fed's doing with that still to this moment further expanding the deficit.
This road to ruin the Fed is still on regardless of their minimal QT efforts of late, will stay the course until debt to GDP ratios become so out of balance, foriegn investors lose confidence in the dollar and start fleeing US bonds and treasuries in droves.
The high probability exists that a shaky reserve status already under scrutiny by many key countries looking to upend it will see this through in the next few years .
The catalyst could be, may very well be QE5, breaching the debt to GDP breakpoint, tanking the dollar and sending the US economy into an inflatinary depression.
All good, very good for gold later on and all who prepare in advance at any rate.