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Welcome to The Wealth Ward!
The purpose of this newsletter and why it's important.
You’re receiving this message because you subscribed to my newsletter a while back.
You likely saw one of my posts on Reddit, Twitter, OpenChat, Instagram, Telegram, etc.
The purpose of this newsletter is to help you get ahead.
By “get ahead”, I mean grow your cash flows and grow your net worth at a rate that exceeds inflation.
Most people work a standard W2 job and are getting wiped out by inflation. It’s happening right in front of us as you read this. Anyone who has a budget can see that many of their expenses have risen 10-20% annually since 2020. Median wage growth is vastly underperforming against inflation. An annual 2-3% raise isn’t going to make up for the fact that you’re now paying twice as much for your groceries compared to just a few years ago.
None of this should come as a surprise. What is surprising is that most people don’t understand why this is all happening. It’s not just “corporate greed”, which is what’s commonly spouted in the mainstream media.
If we add an extra 40% to the money supply, like the central banks have done since the pandemic, and then we don’t produce 40% more goods and services… of course the aggregate cost of everything is going to go up.
The problem is central banking. We don’t have real money. And now society has to reap the painful consequences of the concluding end of this fiat currency cycle.
Traditional financial wisdom just isn’t cutting it anymore. Index funds aren’t cutting it anymore. Just holding gold and silver isn’t cutting it anymore.
And if this current trend continues where the cost of living keeps growing at a rate that exceeds wage growth, eventually you’ll be forced to liquidate those assets anyway just to stay afloat.
This is a key factor in the great reset that the World Economic Forum envisions, and it’s exactly why they can say “You’ll own nothing, and you’ll be happy” with confidence.
This will be true for most people. But it doesn’t have to be for you.
Stay tuned and I’ll be aiming to post in-depth articles explaining the current macro situation on a weekly basis.
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