Surging gas prices and sky-high mortgages and rent sentĀ inflationĀ rising more than expected in March, adding to Americansā prolonged and painful battle with high costs. That could force theĀ Federal ReserveĀ to keep its punishingĀ ratesĀ higher for longer.
Of course, this all means that holders of US dollars will continue to see their wealth deteriorate while holders of gold and other actual hard assets will continue to see their wealth rise.
Of course, this all means that holders of US dollars will continue to see their wealth deteriorate while holders of gold and other actual hard assets will continue to see their wealth rise.
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Oh wow! I was not aware of that. TIL.