At its core, inflation results from the debasement of currency—in other words, the dilution of a currency’s value through excessive creation of new money.
As the medium of exchange, money is on at least one side of every non-barter transaction. Ruin the money and you’ll ruin the economy. Ruin the economy and you’ll ruin the country.
President Donald Trump is pushing hard for interest rate cuts. He should be careful what he wishes for, because he is begging for more inflation. Literally.
There are numerous signs that the U.S. dollar is on the cusp of a new bear market—a development that is very bullish for commodities, especially gold and silver.
