3- What is the impact on people’s daily lives?
The bitter truth is that the purchasing power of your savings is eroding while you watch.
Since 2000, the money supply has increased by approximately $118 trillion, with a compound annual growth rate of 7%.
This monetary expansion is the hidden tax everyone pays in the form of rising living costs.
A 44% increase in money supply since the 2020 pandemic alone means that the “value of the time” you spend earning money is now significantly lower than it used to be.
Unfortunately, the world no longer prints money solely to solve crises.
It increasingly appears that money printing has become an addiction governments use to postpone confronting those crises.
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