Life Isn't Linear- Episode 29: Devaluing of the US Dollar, a bad policy for you and the world.
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Life Isn't Linear- Episode 29: Devaluing of the US Dollar, a bad policy for you and the world.
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Hey everyone, life isn't linear and neither is the journey but the goal is to keep making progress.
In this episode I try to a take a diver into the century long decline of a policy that impacts the world, the devaluing of the US dollar. Back in 1913, a dollar could buy a lot more(see graph). Today, that same dollar is worth just a few pennies. We touch history of the dollar’s erosion and how it impacts you
You will discover how this “hidden tax” impacts your life every day: rising grocery bills, shrinking savings, higher debt costs, and an uphill battle for housing and retirement security.
By the end, I hope you’ll have a clearer picture of why the average American feels squeezed, even when wages go up—and why understanding dollar devaluation is key to protecting a sound world.
https://drive.google.com/file/d/16pcBd0ZVyr2dnyteaVMv1MbzDzFazOSU/view?usp=sharing
Always feel free to email me at lifeisntlinearpodcast@gmail.com