Gold Prices Rise as the Dollar Slowly Dies
05/25/2024
The money supply is rising again, and persistent price inflation is not a surprise. Price inflation occurs when the amount of currency increases significantly above private sector demand. For investors, the worst decision in this environment of monetary destruction is to invest in sovereign bonds and keep cash. The government’s destruction of the purchasing power of the currency is a policy, not a coincidence.
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https://mises.org/mises-wire/gold-prices-rise-dollar-slowly-dies?
„Währungen sind Schulden und Staatsanleihen sind Währung.“
Daniel Lacalle