John
1 min readNov 10, 2021

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I don't think people realize the very real risk of inflation.

In an inflationary environment, the ONLY people who do well are the uber wealthy. Ordinary homemakers will have their life savings wiped out. It is no coincidence than in hyperinflation economies like Venezuela, and several countries in Africa, people are starving while the rich (government) is doing just fine.

Printing money, is inflation. Because the more money that is printed, the less each dollar will be worth. This is a very real side effect of BBB, infrastructure bill, covid relief bill, and every other economic stimulus passed since the George W Bush Quantitative Easing back in 2007.

One, two, or three such events did not affect us so much. But when we are passing almost $10 Trillion in a single year, for stimulus purposes... many estimates say we are already in a 15% year-over-year inflation cycle. Look at housing prices, look at rent, look at gas, look at food...it's only starting.

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John
John

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