The CEO of the crypto exchange Kraken Jesse Powell said publicly that he thinks the US Dollar is going to zero value. He also told people to buy gas and milk.
“The U.S. dollar is going to zero.” – Kraken #bitcoin exchange CEO pic.twitter.com/3YpCLBFqh5
— Bitcoin Magazine (@BitcoinMagazine) December 16, 2021
Jesse Powell believes that people should stock up on gasoline and milk and prepay their bills as the U.S dollar is going to crash to zero in 2022.
He also believes Bitcoin will take a hit and will drop below $40,000, but says this could present a great … https://t.co/7jcP3v6C38
— Crypto-News (@criptikos) December 17, 2021
The dollar is absolutely going to go to zero value at some point. We are already seeing massive amounts of inflation in the economy and this is only going to get worse. The Federal Reserve created gazillions of dollars and the government locked people down because of a fake pandemic. As a result, there is no avoiding a total collapse of the US Dollar. The only question is when it will happen and not if it will happen.
I get that someone who runs a crypto exchange financially benefits off of people buying crypto, but it is just a fact that the system is becoming increasingly unstable. What he is saying is not wrong.
You will want to have assets outside of the financial system if you wish to survive what is coming. Gold, silver, cryptos, real estate, guns, ammunition, farm land etc.. And sure, I guess you could buy some milk and gasoline too.