Most ppl complain about inflation bc they don’t know how to make it work for them. The one that gets me is the deflation. I think it was Richard Hamilton who said the banks would destroy America “first by inflation and then by deflation” (which we saw happen in England) and I’m not sure how to hedge against deflation.
Oh cool, so just go back in time, invest your money without needing to eat for 200 years, then profit!
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Most ppl complain about inflation bc they don’t know how to make it work for them. The one that gets me is the deflation. I think it was Richard Hamilton who said the banks would destroy America “first by inflation and then by deflation” (which we saw happen in England) and I’m not sure how to hedge against deflation.
Oh cool, so just go back in time, invest your money without needing to eat for 200 years, then profit!
Mimics the M2 chart:
https://fred.stlouisfed.org/series/WM2NS