Understand the idea of purchasing power - Deepstash

Understand the idea of purchasing power

You can overcome the attack on your purchasing power when you learn about inflation hedge assets.

Governments print money to fight recessions, and fund wars. When they do, they take away the purchasing power of the money you have earned. The only way to repay the huge debt the US Government has racked up for example is by either: 1) Raising taxes 2) Printing money out of thin air.

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jacomichae

Scientific laboratory technician

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