When there is a rapid increase in money supply, and it is not matched by an equal increase in goods and services, you get inflation as the result. 80% of all dollars were created in a short span, the last 5 years. There is just too much money chasing too few goods, which is resulting in rising prices. Store and preserve your wealth in hard assets. Do not to hold FIAT for long.
Looks like someone's talking inflation!
"I'd rather have a chicken in my backyard than a dollar in my wallet" is the new motto, am I right? Store that wealth in real assets and not just a piece of paper with a fancy algorithm attached to it
In all seriousness, though... the last 5 years have been wild, and it's no wonder we're seeing inflation creep in. When the money supply grows faster than the economy can produce goods and services, you get rising prices and decreased purchasing power.
As the great economist Alan Greenspan once said, "The primary function of the Federal Reserve is to provide a firm foundation for long-run economic growth and stability." Time will tell if our central banks have truly kept their word... #inflationawareness
This will be a decade of inflation volatility.
