He is going to GIVE us all $1,000 a month? Nope! He doesn’t have the money. What he means is that he will TAKE from us to then RETURN that same money up to a limit of $1,000 a month. Big difference! https://twitter.com/Breaking911/status/1163280097090183169 …
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Inflation also hurts savers because it destroys the value of what has been saved.
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Yes, while land is often too expensive for the middle and lower class investor to hedge against inflation, Bitcoin or gold can be great alternatives. Bitcoin especially due to its set supply and early adoption opportunity.
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I know that the correct assets can keep up with or exceed inflation rates. Most people have to be diversified, life is unpredictable. And in periods of uncertainty and also as we age, liquidity becomes even more important.
End of conversation
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