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It’s not just home prices that are affected by inflation—wages have failed to keep pace with economic growth. Up until the 1970s, housing prices in gold and dollars moved closely together. But everything changed in 1971 when the U.S. government fully detached the dollar from gold. Without gold backing, the Federal Reserve could print unlimited amounts of money, leading to rampant inflation. Why is this happening, what does it mean for your wealth, and how can you protect yourself from the ongoing US dollar devaluation?
Questions on Protecting Your Wealth with Gold & Silver? Schedule a Strategy Call Here ➡️ https://calendly.com/itmtrading/podcast
or Call 866-349-3310
👋 STAY IN TOUCH WITH US ⬇️
🟩 Schedule a Strategy Session: 866-349-3310
🟩 Email us at [email protected]
🟩 Official Homepage http://www.itmtrading.com
🟩 ITM Trading Twitter: https://twitter.com/itmtrading
🟩 Facebook: https://facebook.com/ITMTrading
By The Daniela Cambone Show and Taylor Made Economics4.8
6060 ratings
It’s not just home prices that are affected by inflation—wages have failed to keep pace with economic growth. Up until the 1970s, housing prices in gold and dollars moved closely together. But everything changed in 1971 when the U.S. government fully detached the dollar from gold. Without gold backing, the Federal Reserve could print unlimited amounts of money, leading to rampant inflation. Why is this happening, what does it mean for your wealth, and how can you protect yourself from the ongoing US dollar devaluation?
Questions on Protecting Your Wealth with Gold & Silver? Schedule a Strategy Call Here ➡️ https://calendly.com/itmtrading/podcast
or Call 866-349-3310
👋 STAY IN TOUCH WITH US ⬇️
🟩 Schedule a Strategy Session: 866-349-3310
🟩 Email us at [email protected]
🟩 Official Homepage http://www.itmtrading.com
🟩 ITM Trading Twitter: https://twitter.com/itmtrading
🟩 Facebook: https://facebook.com/ITMTrading

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