
The Harsh Truth About Our Economic Future | John Rubino on the Dollar Crisis, Wealth Gap & More
Slo Mo: A Podcast with Mo Gawdat
Invest in Tangibles, Not Trust in Currency
Holding onto cash carries the risk of significant value loss due to inflation and currency dilution, particularly with excessive money printing. Investment in tangible assets, such as vehicles, can mitigate such losses, as physical items tend to retain value better than fiat currency. The global economic system supports the dollar's dominance, which allows the U.S. to maintain a lifestyle funded by the economic constraints faced by other nations relying on the dollar for trade. This dynamic creates a burden on countries like China and those in the Middle East, as they must absorb the impact of U.S. monetary policy through necessary reserves needed for commodity purchases.
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