Half A Century of Fiat Currency Has Gutted the Middle Class.
#Gold #SIlver #FiatMoney #inflation #deficits #taxation #government #prosperity #freedom #economics #EndTheFed
Today we will look back to see how the abandonment of the link to gold back in 1971 has been a horrible deal for the general public and the middle class in particular.
Many on both sides of the political aisle are still calling for more government help as the cost of living crisis or the inflationary crisis exacerbates throughout the Western world.
Our conclusion is that unless we go back to a sound money system based on gold and silver government action will only make things worse.
GOP Issues Warning as Democrat ‘Inflation Reduction Act’ Includes Hiring of 87,000 New IRS Agents: https://www.theepochtimes.com/gop-issues-warning-as-democrat-inflation-act-includes-hiring-of-87000-new-irs-agents_4650475.html?utm_source=News&utm_campaign=breaking-2022-08-08-3&utm_medium=email&est=ijMpXLB6qAcCibbz4EsihN3M6Mobb2cnVtBrZ%2BX93OnTOPsTylYsalzUaU9g2uCtTQ%3D%3D
Distributional Financial Accounts: https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/chart/#range:1989.3,2022.1;quarter:119;series:Assets;demographic:networth;population:1,3,5,7;units:shares
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
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