I haven't fully figured out yet how they arrive at the 12% but if it's true, that would be a worry. What would we do about it?
Also the money in circulation and US govt. debt have increased much more than inflation. So the extra printed money goes into a growing economy, not inflation?
Can you recommend any currencies that are more stable? Like Swiss Franc?
I think the best strategy is just not saving any money, and if you suddenly need some, like a medical expense, just take up a loan.
With the interest rates on loans much lower than 12% you win.
Monetization of U.S. debt is de facto inflation. Increased money supply into an economy is inflation which devalues purchasing power per note.
A growing economy based on inflationary debt (over-spending) from cheap money (low interest rates) is a mirage, Potemkin village, or bubble which will inevitably pop and has collapsed every empire to date.
The only way for individuals to avoid losing their purchasing power is to exit fiat systems (e.g. Dollars) and store your wealth in hard assets like ₿itcoin which will appreciate against infinite money printing.
🖨️💵 ♾️/ 21M = ₿ value
