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Have you looked at the economy in the last 80 years? The fed and other central banks have been stealing purchasing power non-stop from the people.
by siwatanejo 3y ago
Have you looked at the economy in the last 80 years? The fed and other central banks have been stealing purchasing power non-stop from the people.
- lxgr 3y agoIf you think that the Fed's primary objective is preserving purchasing power, I'd suggest taking a look at the Federal Reserve Act. Access to a risk-free investment vehicle that preserves your purchasing power perfectly across decades is not a universal right.