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The Fed
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John Burns
Posted 3/26/2020 14:41 (#8140699 - in reply to #8140375)
Subject: the value of currency

Pittsburg, Kansas

Just keep in mind, the real assets like land, buildings, production capacity, etc. doesn't change much.

Just the valuation of the fiat money they are priced in.

So if the valuation doubles, does it really mean we are twice as rich? Or our money just half the purchasing power.

My guess would be the latter.

There will be winners and losers for sure. Some will benefit, some will fall further behind.


Edited by John Burns 3/26/2020 14:42
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