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353. The US Dollar Might Collapse | Peter Schiff
The Jordan B. Peterson Podcast
The Importance of Inflation
The middle class, the working poor and retirees who are living off a fixed income end up paying the inflation tax the most. Inflation is particularly hard on non-entrepreneurial savers. If it's 4% a year, they lose what? What does that mean? They lose half the value of their investment in 4%.
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