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When you click on these links and make a purchase, I may receive a commission at no additional cost to you.
I only promote companies that I have personally used or researched and believe will add value to our readers.
Disclosure:
The content I provide here isn’t financial advice and cannot be taken as such. Please speak to your financial advisor before making any investment decision.
Also, note that every investment comes with its own risks and drawbacks. Lastly, I would like to remind you that past results cannot guarantee future returns.
The content I provide here isn’t financial advice and cannot be taken as such. Please speak to your financial advisor before making any investment decision.
Also, note that every investment comes with its own risks and drawbacks. Lastly, I would like to remind you that past results cannot guarantee future returns.
The Declining US Dollar
Billionaire Elon Musk:
The U.S. dollar has depreciated over time, especially in terms of purchasing power.
This erosion of purchasing power is one of the most direct effects of devolution of the dollar.
Inflation can erode the value of savings if the interest rates on savings accounts do not keep pace with or exceed the rate of inflation.
Fixed income investments like bonds an paper IRAs are particularly vulnerable since inflation reduces the real return on these investments.
Conversely, certain assets like real estate or Gold might serve as inflation hedges, potentially increasing in value as inflation rises.
Note From The Author Of This Website:
My research on the National Debt has been a real eye opener. There are those individuals who claim that the cost of the national debt is low and is NOT a threat to the US Economy or US Dollar.
I cannot possible see how the is true. The debt is increasing at such a pace that in another 10 years the interest payment could consume 75% of taxable income. The Interest payments alone are also 50% of taxable revenue - and rising.
When I look at that trend, it does not seem reasonable to believe that it can be sustainable.
Beyond Scary.
My research on the National Debt has been a real eye opener. There are those individuals who claim that the cost of the national debt is low and is NOT a threat to the US Economy or US Dollar.
I cannot possible see how the is true. The debt is increasing at such a pace that in another 10 years the interest payment could consume 75% of taxable income. The Interest payments alone are also 50% of taxable revenue - and rising.
When I look at that trend, it does not seem reasonable to believe that it can be sustainable.
Beyond Scary.
