Authored by Kelly Caro via Doug Casey's International Man,
Let's start with three assumptions that I consider rock-solid.
1. Government spending will continue to grow.
2. The government will need more currency debasement to finance that spending.
3. Wages will not keep up.
If I had to distill this into a single point, it would be:
You can't outrun the money printer by working harder. You need to own the right assets or fall behind.
Owning inflation-resistant assets matters more than income, though income still matters.
Let's zoom out and look at the big picture.
The following chart tracks gold, the S&P 500, the money supply (M2), median housing prices, wages, and the CPI over the past 62 years.
According to the rigged CPI, prices rose 977%, while wages rose 1,179%. The official numbers claim that wages have outpaced inflation since 1964.
Yet anyone with eyes to see and a functioning brain knows that claim is false. Reality lies in a different ballpark.
The government uses the CPI as misleading propaganda to conceal its atrocious currency debasement.
The growth in the money supply provides a better measure of the damage. It grew 5,775% over the same period.
In other words, wages kept pa
