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Free Atlantic Radio - 8/26/2020 - "What is Happening to the US Dollar?"

08.26.2020 - By Tom KawczynskiPlay

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Welcome to the 20th Episode of Free Atlantic Radio: The Voice of the Northeastern Nation.Today's question is: What is Happening to the US Dollar?Today's discussion is: We look at the relationship between debt, the dollar, finance, and the economy. Suggestions from the Fed that inflation will be used to prompt economic growth create vulnerabilities which historically have destroyed reserve currencies and always impoverish the purchasing power and wage growth of the people to maintain an existing system even if it morphs into a new world order.National Debt now eclipses GDP as economists remain calm: https://www.nytimes.com/2020/08/21/business/economy/national-debt-coronavirus-stimulus.htmlPowell set to change how the Fed approaches inflation in major shift to stimulate economy: https://www.cnbc.com/2020/08/24/powell-set-to-deliver-profoundly-consequential-speech-changing-how-the-fed-views-inflation.htmlDollar purchasing power hits historic lows as consumers and wage earners feel the pinch: https://wolfstreet.com/2020/08/12/us-dollar-purchasing-power-drops-to-lowest-ever-inflation-heats-up-as-the-fed-wants-after-simultaneous-supply-shock-demand-shock/Ignore the election, follow the money to see America's future: https://seekingalpha.com/article/4370346-why-smart-money-will-ignore-election-and-pay-attention-to-thisNew shows will feature every Monday, Wednesday, and Friday mornings. Send your questions, comments, and thoughts, and I will have periodic mailbag shows to cover these topics. Thank You and God Bless.

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