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In this video blog, I want to talk to you about inflation and the US economy. First, inflation is melting our money. Second, in the US, we have a mounting Federal debt. And, federal debt is going to lead to higher taxes. Third, the Russian invasion of Ukraine highlights the problem of freezing bank accounts and money confiscation. Four, the Fed is tightening and crashing the stock markets, how far will they go? Fifth, we cannot expect that the USD will be the world’s reserve currency forever. In fact, it looks like the petrodollar is coming to an end. Finally, what am I doing to protect my savings?
By David AndersonIn this video blog, I want to talk to you about inflation and the US economy. First, inflation is melting our money. Second, in the US, we have a mounting Federal debt. And, federal debt is going to lead to higher taxes. Third, the Russian invasion of Ukraine highlights the problem of freezing bank accounts and money confiscation. Four, the Fed is tightening and crashing the stock markets, how far will they go? Fifth, we cannot expect that the USD will be the world’s reserve currency forever. In fact, it looks like the petrodollar is coming to an end. Finally, what am I doing to protect my savings?