Sunday, March 29, 2020

Trump and The Fed Are Destroying US Dollar


If you believe that having all your money in cash in your gun safe or even sitting in a bank will totally protect it from harm, guess again. If the Fed continues to create money out of thin air this process devalues the money we already have saved.  This is the problem. 
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The massive cross-party rescue deal is designed to help Americans and businesses cope with the economic shutdown caused by the coronavirus COVID-19 pandemic.

The U.S. dollar has taken a beating, however, dropping almost 4% against a basket of currencies this week—its biggest weekly loss since the height of the global financial crisis over 10 years ago.

https://news.google.com/articles/CAIiEHc4QwAR5eYdQ9xLjjLEA2oqFQgEKg0IACoGCAowrqkBMKBFMLKAAg?hl=en-US&gl=US&ceid=US%3Aen

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