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516: Why the Rich Don’t Hoard Cash

Wealth Formula by Buck Joffrey

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Shifting Trends in Global Finance

This chapter examines the declining reliance on U.S. Treasury bonds among major nations, who are instead investing in stocks and gold due to changing fiscal policies. It highlights the implications of a weaker dollar and critiques the Federal Reserve's impact on interest rates and the housing market. Additionally, the chapter discusses the consequences of currency debasement on wealth distribution, emphasizing the growing gap between the wealthy and average consumers.

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