“Interesting timing, and an admission the USD has fallen from 1/42 oz to 1/3300 oz of gold in the past 54 yrs, a CAGR of 8.4% (which, since everyone suddenly cares about economic data accuracy, is MUCH higher than the official reported US inflation rate of the past 54 years.)” -Luke Gromen
Any financial advisor we say “let’s account for 2-3% inflation per year. Absolute scammers jamming this 2-3% nonsense down our throats.
The bare minimum is 8.4% per year.
Login to reply