Mexico's Third Richest Billionaire Warns of Severe Dollar Inflation — Says Buy Bitcoin to 'Save Your Skin' – Featured Bitcoin News

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Mexico's Third Richest Billionaire Warns of Severe Dollar Inflation — Says Buy Bitcoin to 'Save Your Skin' – Featured Bitcoin News
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“Don’t put your future in governments' hands, you and I know how that always ends, stay away from fiat money, invest in $BTC.” crypto cryptocurrency bitcoin

Mexico's Third Richest Billionaire Warns of Severe Dollar Inflation — Says Buy Bitcoin to 'Save Your Skin'

The billionaire began by sharing his own experience living with inflation. “I was making $2,000 in 1980 and a few years later I was making 20 bucks — the same salary was down from 2,000 to 20 bucks,” he said, adding: The Mexican tycoon proceeded to show a chart of the total federal debt of the U.S. government, which is projected to be $36.2 trillion in 2031. “See, horrific. $36 trillion and this is on the books debt, not counting off the books stuff,” he exclaimed.

The creation of fake credit which equals purchasing power has been astounding. The problem is because the dollar is the reserve currency of the world, can’t do anything about it. You can’t go out of the dollar — unless you go to bitcoin.Salinas proceeded to talk about central bank digital currencies . He brought up a picture of ECB Chief Christine Lagarde, BIS general manager Agustin Carstens, and U.S. Treasury Secretary Janet Yellen. He labeled them “The Villains.

He pointed out that while Lagarde was the chief of the International Monetary Fund , the organization published papers stating that “the way to deal with government debt is through inflation, we will liquefy the debt and get away with paying less.”

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