Hyperinflation?

 

 

It seems that all the big government spending and the massive increases to our national debt may finally be causing our currency, the USD, to fail. I would recommend moving your money out of the USD and bills and bonds. Maybe move to real estate, stocks, etc. The problem is that any nominal increases in the value of these will be taxed as “income” even though the underlying value does not change. This is another reason why the income tax is such a foolish tax.
If we want to keep our freedoms, we should return to a much small government. Do away with a standing military and all of the entitlements. Otherwise, hyperinflation will lead to a dictatorship.

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Joel Gross

Joel Gross is the CEO of Coalition Technologies.

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