Read Millionaire Fastlane
I've Read UNSCRIPTED
- May 12, 2016
Why? People are starting to get desperate for cash right now and are willing to sell their items or assets at a discount to get cash. It’s going to be a buyers market. This will make dollars more valuable......at least in the short term.
My whole premise is based off of the old definition of inflation. Nowadays everyone defines inflation as, "An increase in prices." 50 years ago and earlier it wasn't defined that way. The definition back then was, "An increase in the money supply that causes prices to rise."
If you use the old definition that means the government printing money IS inflation. The effect of that inflation is higher prices.
A business owner raising his prices isn't inflation. That's just him changing his price. Inflation is what caused him to raise his prices.
People are getting desperate for cash so instead of letting those people lose money the government is going to print it and give it to them.
They are printing insane amounts of cash and I don't see it stopping anytime soon.
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