Josh Galt's avatar
Josh Galt 4 months ago
Sure fiat is to blame, but 100M foreigners in America -most of them getting government assistance for housing- doesn’t help the situation either

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Just a thought: since 1971 the U.S. dollar as the global reserve currency has been draining wealth from every other nation. Americans still get the best cut of the scam, that’s the Cantillon Effect. And guess where desperate people try to escape to?