The financial system has been severely distorted…
by David Morgan of The Morgan Report
The speed of inflation, as measured by the buyer value index, reached a 30-year excessive of 8.3 p.c. Assume that’s large? In 2020 the speed of inflation was solely at 1.4%, so we’re already at 4 instances that charge.
Inflation is a silent destroyer of wealth that impacts each one in every of us, wealthy or poor, however particularly the center class that works and saves for years simply to observe our cash’s worth waste away on account of reckless authorities print-and-spend coverage.
A tsunami of cash up to now few years has been unleashed on America’s financial system by the Federal Reserve. On account of this, the financial system has been severely distorted creating gigantic asset bubbles in housing, crypto’s, and equities.
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