Increasing the top of the government debt ceiling can be seen as a short-term solution to a long-term problem. While it may provide some temporary relief, it does not address the underlying issue of government spending and deficits. This can lead to a situation where the government is unable to meet its financial obligations in the future, potentially causing a financial crisis. This also, can cause problems for the average person as it can make it more expensive to buy the things they need, and can even lead to a decline in the value of savings and investments.
Furthermore, printing more money can also lead to a decrease in the value of the currency and can lead to higher interest rates.
Investing in Real Estate can be a good option for individuals looking for a safe investment. Properties can act as a hedge against inflation as rents and property values tend to increase along with inflation.
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