The story of U.S. inflation in 2021 could very well amount to this: It’s all a mirage.
Americans are likely to see prices jump across a variety of sectors next year, thanks in part to Covid-19 vaccines that will potentially turbocharge demand for such pandemic casualties as travel and tickets to sporting events.
With prices also climbing for some inputs such as copper and lumber, inflation could very well reach or surpass the Federal Reserve’s 2% target in some months. Financial markets are increasingly pricing in higher inflation in coming years, and debates over whether the central bank should start easing back its record monetary stimulus may intensify.
Institutional interest in Bitcoin and crypto is at an all-time high, actually been this way for the past 3-4 years. A lot of these banks and investment firms were literally buying up Bitcoin in secret whilst warning the average investor to avoid it like the plague.
The TIME magazine link below shows the plan of WEF on how to fix the economy by updating the banking system to a "crypto-friendly" standard. Cryptocurrencies will be the new dollar, it's just a matter of time of when and how.
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