Money and Purchasing Power
9
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People like to narrow concepts about the economy and money down to simple little theories that fail to encompass the entirety of the situation. Here is where we see things go awry.
In this video I discuss money and purchasing power. We all have seen the little images online that talk about the drop in purchasing power of the USD over the last 100 years. It is foolishness. Here we discuss the realities of purchasing power along with something that the gold bugs, communists, and central bankers all fail to grasp.
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