After 2008 did QE not have a large effect on inflation because the created money was only circulating between banks and not in circulation in the public space?
It would be great if Doug had a $20 a month level with investment advice. Can’t afford $50 a month. Would like to take advantage of his stock picks! 🙏🏼
After 2008 did QE not have a large effect on inflation because the created money was only circulating between banks and not in circulation in the public space?
Just my 2 cents about the oft cited 97% reduction in the US dollar purchasing power since 1913:
$100 in 1913 presumably bought 5 ounces of gold, which today is ~ $20,000, a 200:1 devaluation
$100 stored since 1913 one dollar bills, possibly pristine, could have a considerable numismatic value
$100 dollars stored in a savings account at 4.75% annual interest, compounded monthly for 112 years is ~ $20,000
It would be great if Doug had a $20 a month level with investment advice. Can’t afford $50 a month. Would like to take advantage of his stock picks! 🙏🏼
Chaos coming our way...why are so many not seeing the "
whites of their eyes"?