Speaking of prices, in 2025 inflation will continue unabated because the real cause of inflation is the increase in the amount of money in circulation backed by no tangible assets which subsequently devalues the currency making things cost more. The cause of this phenomenon is the policies of the privately owned Federal Reserve Bank which also dictates interest rates meaning the costs of loans and the interest we earn on our savings accounts. As it stands now the Fed has created a massive disincentive against saving because it is cheaper to borrow money. They want us in debt! Unfortunately things will not improve in this regard. I can confidently predict US personal, government and corporate debt will continue to become even more onerous and spiral out of control.
