If US Treasury bonds default, will domestic prices rise or fall?
The day after tomorrow, that is, August 2, the debt of the United States will be due. That is, before this, the U.S. government must raise the debt ceiling, or there will be a debt default, which will directly affect the expenses of the U.S. government. If the debt ceiling cannot be raised when it expires. Then the most direct consequence is that the dollar will undoubtedly depreciate rapidly. The consequences of the rapid depreciation of the dollar will be disastrous to the global economy, and the most serious is our country, because our country is the largest creditor in the United States! ! This will not only lead to a stock market crash and soaring prices, but also be disastrous for China's economy. If we don't default, we will raise the debt ceiling. It will be relieved in the short term. You said that if you continue to print money, you will realize the third round of loose monetary policy, and the consequence is that inflation will continue to increase. The CPI index soared and the people's living cost doubled. In any case, it is necessary to choose an investment and wealth management product with value-added and value-added functions. I suggest you invest in spot gold. Gold has the function of increasing value and preserving value. It can also resist inflation. Moreover, it adopts 24-hour uninterrupted trading and introduces the short-selling mechanism of stock index futures, that is, gold can be profitable when it goes up or down. T+0 trading mode, which is not available in the stock market, is still implemented, with spot gold investment, small investment, fast returns and controllable risks. Our company has a professional analysis and operation team, which is a bright light on your investment road and can escort your investment and financial management. I have been engaged in gold investment and financial management for a long time. I hope I can help you in this respect and wish you a happy life! You can add me QQ: 1209630664 to chat in detail! ! thank you