Your Currency is Dying!!! – Robert Kiyosaki Quarantine Updates
Why would you save money when the Fed has been printing trillions of dollars through quantitative easing?
The effects of quantitative easing have been to bolster the balance sheet of those who were already rich while keeping salaries stagnant and creating a bubble in the stock market.
This means that when the stock market crashes, and when consumer inflation does kick in from the stock market money moving into different places, savers will be the ultimate losers.
Money is no longer money but instead currency, it must always flow somewhere. Like an electrical current, the financial currency must move or it will die.
Saving your money is essentially letting your currency die.
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