It's Going to Get Much Worse From Here! - Peter Schiff - Deflation, Inflation, Economy Crisis Incoming! - Video
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US will have 10%+ inflation every year. Saving money in bank will lose value quickly. House price will go up because of inflation and cash becomes trash.
There should be further clarification on the “rich” when referring to those with capital who won’t invest in a high tax environment. It’s a misnomer, it is really anyone who controls capital, i.e. individuals, investment managers, pension funds, basically everyone…..
When you have a fiat currency, the old rules no longer apply. The value of the dollar will fall against foreign currencies, but inflation will not get out of hand.
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