They feel they don’t need as much because the cradle-to-grave welfare state will cover them. There’s a reason why Klaus Schwab famously said, “You’ll own nothing and be happy.”
The Trump family announced that its particular crypto is going to serve that function for all of us. The dollar, they said, clearly needs an upgrade and they are the ones to deliver that.
The Utah Senate Government Operations and Political Subdivisions Committee voted on Tuesday to scrap House Bill 195, a big government bill brought by Rep. Ken Ivory.
$1,400 wage growth is a red herring in that it does not even come close to matching recent years’ wage growth, and certainly doesn’t make up for current inflation.
Inflation due to tariffs is now rising more quickly than it did last year. You wouldn’t know it based on a quick read of the government’s report last week.
One thing is certain: fiat currency will continue to lose purchasing power. Gold will continue to reflect this monetary devaluation with a rising price.
