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by orange_tee 1941 days ago
But the people shouting about the FED debasing their currency are not poor unbanked people in 3rd world countries so I don't see how your comment is relevant.
2 comments

I mean, the FED is debasing the currency, that's just a fact, it doesn't matter who is shouting about it, you don't need to be poor in 3rd world country.

I guess it comes down to: if you understand the markets well and can invest in them to generate a good return, more power to you. That's not the case for everyone, so if you want to hold on to your money for whatever reason, you should be able to protect yourself against endless money printing.

How much were you being paid 15-20 years ago and what could that buy you? It’s not just the third world that suffer from currency debasement, it’s all of us.