The Next Money-Printing Binge Could Destroy a Lifetime of Savings
Imagine working 9 to 5 for 50 years, then watching the Federal Reserve create 40% of the money supply and erase the purchasing power of 20 years of your labor.
You don’t have to imagine it. The COVID mass psychosis gave us a preview as governments across the world unleashed a frenzy of currency debasement.
I have no doubt that the next episode will cause greater damage—and devastate most people.
The US government continues to debase the dollar at a staggering pace.
Independent analysts estimate that the US dollar has lost 10% of its purchasing power per year in recent years.
At that rate…
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