Comment on Why the Upper Middle Class Isn't Special AnymoreComments−dyl0001ySame idea of how earning six figure s isn’t too impressive any more, the value of fiat is falling off a cliff and we aren’t moving the definitions upwards.−trod12341yThat was my takeaway from this as well.Money-printing on a global scale is a dangerous thing. Distortions can and will literally break the bank.The smarter people know, that's why there's been such a run on silver and gold lately, where people are taking physical delivery.
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Same idea of how earning six figure s isn’t too impressive any more, the value of fiat is falling off a cliff and we aren’t moving the definitions upwards.
That was my takeaway from this as well.
Money-printing on a global scale is a dangerous thing. Distortions can and will literally break the bank.
The smarter people know, that's why there's been such a run on silver and gold lately, where people are taking physical delivery.