Not all economists agree that purchasing gold is a method to hedge inflation. By way of example, an article from the CFA Institute reports that gold hasn’t always been a reliable inflation hedge, just like how bonds can’t often hedge stocks.
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S. and global advancement.” This, coupled with a loss of trust from the U.S. dollar with a global scale, could “deprive the United States with the privilege of having the ability to borrow unrestricted quantities at several of the world’s lowest interest rates.”
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Shoppers with substantial-interest credit card debt would have a tougher time spending down their balances. Households would practical experience significant strains as they try to deal with credit card personal debt with the soaring cost of living.
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