Can the Millennials Spend America Into a Permanent Economic Expansion?

Effect of millennial spending

Another factor on continued growth is the impact of a large group of millennials, who are poised to increase both spending and investment as they enter their prime earning years. This infusion of spending would put more gas in the tank leading to a prolonged economic recovery that continue to show no signs of ending.

There are currently mixed signals on the economy. Traditional measures and policy may no longer be applicable for modern-day conditions. All signs point to an expansion that can continue to grow in an environment of stable low interest rates. The Fed has clearly indicated that its policy will remain accommodative to future economic growth.

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Cryptocurrency Will Shine Through the Coming Chaos

While the U.S. spends and spends and spends its way into oblivion, the eventual result will be inflation. Serious inflation. The dollar will crash, gold will shoot higher and Bitcoin, well, it can only become more scarce and more valuable. There’s a natural ceiling to the number of Bitcoins that will exist — ever. By design, there can only be 21 million of them. Soon, the ceiling will be hit. Now is the moment to get into cryptocurrency. There’s a been a rise of late, but prices are consolidating, setting up for the next leap higher. Grab Keene Little's widely followed cryptocurrency newsletter, Crypto Wealth Protocol completely risk free.
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