| What a Kamala Harris Presidency Could Mean for the U.S. Economy What does a Kamala Harris presidency mean for the U.S. economy? The recent debate against Donald Trump highlighted serious concerns. The debate appeared heavily biased, with the hosts failing to challenge Harris on the inaccuracies she presented and allowing her to tell lie after lie without being checked.
If Kamala Harris becomes president, her economic policies could significantly impact the U.S. economy. Critics are concerned about her plans for increased government spending, higher taxes, and stricter regulations. Notably, her proposal to tax individuals on unrealized gains could particularly disrupt markets and personal finances. This approach might stifle economic growth, lead to inflation, and potentially weaken the dollar.
In such an environment of economic instability, gold often emerges as a safe haven. As the dollar's value declines, gold prices typically rise. If Harris's presidency leads to economic challenges, gold could soar to around $5,000 an ounce or more.
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