The rate of inflation, as measured by the consumer price index, reached a 30-year high of 8.3 percent. Think that is big? In 2020 the rate of inflation was only at 1.4%, so we are already at 4 times that rate.
Inflation is a silent destroyer of wealth that impacts each and every one of us, rich or poor, but especially the middle class that works and saves for years just to watch our money’s value waste away due to reckless government print-and-spend policy.
A tsunami of money in the past few years has been unleashed on America’s economy by the Federal Reserve. As a result of this, the economy has been severely distorted creating gigantic asset bubbles in housing, crypto’s, and equities.
Let David’s Passion Create Your Wealth.
I’ve Been Helping My Subscribers Weather the Current Economic Mess. Now I Invite You to Join My Growing Circle of Successful Investors.
The Morgan Report is all about YOU and how you can build and preserve Wealth for generations to come. We know it can sometimes seem a daunting task to protect your assets and preserve or grow your wealth. Over 15 years ago, a small group of us started The Morgan Report and formed an exclusive membership organization to promote personal freedom, an honest money system, free market wealth accumulation, and asset protection.
Thus was born The Morgan Report – since then we’ve helped 11,000-plus members scattered over the globe in every continent and over 100,000+ e-newsletter subscribers have read our weekly e-newsletter — This Week’s View from The Morgan Report.
Through our publication, The Morgan Report, we provide you with ways to achieve greater financial security and wealth in all sorts of environments.
To Gain More of David’s Insights click Here
Delta Reports New Gold Intercept at Nova Target in Wedge Area, 4 ... READ MORE
Silver One Resources Inc. (TSX-V: SVE) (OTCQX: SLVRF) (FSE: BRK1)... READ MORE
Exceptional grades of Titanium, Vanadium and Iron in all 15 drill... READ MORE
Intersection is within 33 metres from surface and contained in a ... READ MORE
Further production growth to one million ounces annually expected... READ MORE