For thousands of years, the majority of the world’s population has considered gold, not monetary specie, the true measure of wealth. While the demand for most precious metals principally arises secondarily to their manufacturing use and industrial application, the demand for gold arises from the desire to accumulate wealth. In…Continue readingWhy is gold a hedge against inflation.
Category: History and Economics
Massive inflation is hitting the United States and most of the western countries. It’s unavoidable. U.S inflation hit 7% in December, fastest pace since 1982. Consumer prices in Germany rose by 3.1% in 2021. France shows a 12 -months inflation rate of 3.4% the highest since September 2008. You can read…Continue readingWhy inflation is too high? – causes and consequences.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will…Continue readingWhat does recession mean for middle class?
One of the most dangerous lies in all of finance and economics is the implied myth that inflation somehow “destroys” wealth. It doesn’t. Inflation doesn’t hurt everyone equally — inflation helps some and hurts others. Inflation is actually one of the biggest reasons large corporations are so powerful in society. The…Continue readingHow inflation makes saving pointless.
One of the most misunderstood topics in all of finance is inflation. If you understand inflation’s real nature, you’ll be leaps and bounds ahead of most economists, financiers, and investors. The inflation rate is extremely oversimplified by almost everyone — experts and laypersons alike. It’s often seen, for “statistical” reasons,…Continue readingWhat is the true actual Inflation rate?
Although the politicians may say otherwise, many believe the government benefits from inflation and has had policies encourage rising prices since the early 1900s when the Fed came into existence. Inflation hurts normal people by increasing the gap between income and costs such as food, housing, gasoline and natural gas. Inflation…Continue readingDoes government cause inflation?