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RE: Trust in the U.S. Dollar

in #currency8 years ago

Faith in the dollar should have been lost in 1973 and to some it was. The American educational system has failed miserably in financial planning and world currencies. Its a horrible investment alone. Unless its a silver dollar or youre trading oil. Inflation, or the buying power of it, provides no return. What a dollar bought ten years ago can no longer be obtained for the same amount. A dollar saved today will be worth less in the future for where it is needed. Taxes alone will never come down, only shifted at best.