Nearly the whole world is battling raging inflation, and currencies are battling each other. The collateral damages are the stimulus-dependent economies of entire nations.
I am going to start a two-part series describing what is in my personal portfolio and why. This letter is in the “do as I say and not as I do” category.
Whenever you hear someone say “backed by the full faith and credit” of US Government (as is the case with the Federal Reserve note in your wallet) develop a plan B.
The U.S. is in real trouble. I’ve written many times about the importance of internationalizing your assets, your mode of living, and your way of thinking.
Rising oil prices raise some electricity costs, which raises the costs of doing business. These cost increases eventually get passed along in general pricing.
