Will Bank Turmoil Cause The Fed Pivot? | Weekly Round Up
Inflection Point
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The Nature of Currency
I'm talking currency, currency that we all use. And it has been forever. 775 paper currencies in history, the world, three quarters no longer exist. Now does that mean you go out of business? No. I think about the generation. Think about your grandparents. They bought homes for $5,000. They bought cars for a few hundred bucks. They paid a nickel for Coca-Cola. Your parents, they bought houses for $125,000. You and my kids buy a house for $500,000 if you're lucky. Try Chapel Hill, my daughter and son-in-law trying to buy a house. Can't find anything. Our lives are good
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