Dollar now at 88.60 . This is insane. I live overseas and get paid in Dollars. Literally I have lost $450 in purchasing power per MONTH in the last 5 months. INSANE. I could see my company begin layoffs very soon. Around 4,000 in my company that live overseas. That's a lot of money that just disappeared. Thanks for your work Gregory. RESTEEMED.
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Unfortunately I remember vividly the pain that you're experiencing right now... I worked in West Germany in 1985 and when I arrived I believe I was exchanging 1 USD for about 3 DM and within 4 months, the exchange dropped to under 2 DMs for each USD and may have been closer to 1.5DM for each USD (if my memory serves me right). So, from past experience I understand how quickly the purchasing power of the USD can evaporate!
The Crime Families that control the Fed (and the US government) realize that most Americans are not well-versed in the concept of inflation, what causes it, and that it is really just a carefully disguised form of grand theft. Promising tax cuts is just a way to calm the masses and throw them off guard. When this all plays out, and the USD index crashes below 80, the vast majority of Americans will be scratching their heads, wondering what the hell caused prices everywhere to skyrocket. The Bankster Crime Family-controlled msm will be used to divert attention away from who truly orchestrated the theft of their purchasing power.