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Bobby mainz
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Comments by "Bobby mainz" (@bobbymainz1160) on "CNN" channel.
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Inflation is rapidly turning into potential hyperinflation. Inflation is destroying tens of millions of households making less than 55K per year. 73% of Americans make 55K per year. Inflation and shortages will cause a massive long lasting recession.
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Inflation begins when dollars are printed, or materials get scarce. We are getting inflation from both directions. ① Reduce government spending will stop the printing. ② Reducing government regulations will help reduce inflation from scarce materials. ③ Reducing the size of the government will help increase private management of scarce materials. Three steps to fight inflation. These are better than destroying demand with the excessive cost of money.
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@andrewtownsend886 True, many people nowadays undervalue the function of investment counselors. After my divorce a couple of summers ago, I needed a big push to keep my business viable. I expanded my $380k reserve to approximately $850k with the help of a professional that same year, and the additional gains supported my business during the pandemic.
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if you are not on the crypto space now you are making a huge mistake, i get it can be due ignorance but if you want to make your money work for you, to prevent inflation from eroding your savings, to build generational wealth and to cultivate good habit and financial knowledg
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