Did you know that keeping your money in a bank increases inflation?
For every $1 you put into a bank, the bank gets to lend 7-15 times that much. The ratio changes, but it seems the bank gets to lend out your one dollar many many times. This causes inflation because they are making many dollars out of just one dollar. However, if you don't deposit your dollars in the bank, then they lose out on lots of lending and inflation.
Instead of keeping your money in a bank, you invest in a good safe, and surveillance system, and you don't keep all your valuables in one safe. If you're saving money, convert cash to gold/silver.
Even if inflation is only 2% per year, then your money loses half its value in 20 years. But now inflation each year will be higher than 2% going forward. The inflation rate will go up linear and then parabolic.
For every $1 you put into a bank, the bank gets to lend 7-15 times that much. The ratio changes, but it seems the bank gets to lend out your one dollar many many times. This causes inflation because they are making many dollars out of just one dollar. However, if you don't deposit your dollars in the bank, then they lose out on lots of lending and inflation.
Instead of keeping your money in a bank, you invest in a good safe, and surveillance system, and you don't keep all your valuables in one safe. If you're saving money, convert cash to gold/silver.
Even if inflation is only 2% per year, then your money loses half its value in 20 years. But now inflation each year will be higher than 2% going forward. The inflation rate will go up linear and then parabolic.