Part 14/16:
A critical warning regards the depletion of COVID-era savings; as of August 2021, excess savings (estimated at $2.1 trillion) have been exhausted. This depletion may lead to reduced consumer spending, lower economic growth, and increased government stimulus efforts, which in turn could cause inflation to accelerate. Such inflationary pressures are likely to uplift asset prices—including cryptocurrencies—further supporting bullish sentiment.