The USA Might End Up in a Zimbabwe Level Inflation, According to Stock Analyst Jim Cramer

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According to the senior stock analyst Jim Cramer, the USA might end up in a Zimbabwe level inflation in his interview in the recent 22nd March Podcast, and Bitcoin might present a solution for it. Talking about the financial authorities from Zimbabwe, he mentioned that they used to think that they have so much money, but potentially they didn’t, so they eventually ended up with nothing and thus solid inflation that ruined them literally. These were some of his remarks talking about US possible inflation and how Bitcoin can avenge it. Even if the government prints out more money, say four trillion dollars, and everybody comes under the impression that the USA has a lot of money just like people in Zimbabwe did, but in reality, we don’t have anything?

What Cramer was pointing towards is the possibility that the USA might undergo a similar situation, and during these trying times, Bitcoin might pose as a solution that can end this inflation madness if it ever prevails. Most of the mansions and land were able to preserve their original value and for some investors, having invested in Gold worked out pretty neatly, but that might not become the case for the USA.

Gold has Surely Let Cramer Down

Gold is seen as a primary investment opportunity, not for a few years but for centuries; people have invested in Gold and were able to even double or triple their initial investment. But with the dawn of digital assets such as Bitcoin, this position of Gold seems to be in danger. Gold these days is subjected to too many factors that regulate its price, and mining has become one of these. It is also possible that Gold as an investment might fail if people pursue it in these times, and that is why it won’t be a wise step going after a failing investment vessel, but Bitcoin, on the other hand, is soaring high and burning even brighter. 

According to Cramer, he was also let down by Gold so many times, and that is why he sees Bitcoin as a solid investment opportunity if someone has got the capital for it. Other than that investing in Bitcoin seems much more practical and a solid way to outlive inflation.     


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