from Kerry Lutz's Financial Survival Network
George Gammon’s contribution to restoring normalcy is his Rebel Capitalist Live taking place in Miami. It’s happening on June 11-13. It’s great for people to be getting together and to connect fact-to-face. There’s something about meeting personally and looking them in the eye and talk one on one. The dystopian world is shaping up before our very eyes. What is wealth? It’s not what’s in your bank account, which is simply a bank’s liablity. Currency units do not equal wealth, otherwise Venezuela would be one of the wealthiest countries in history. It’s all about what money or currency can buy. We can see the damage that stimulus and government have inflicted. Will it create an environment where more goods and services are created and sold, or less? They’ve created a major labor shortage because people are staying home and getting paid more for doing nothing. Over the long run does this create wealth? Obviously the answer is no. Which means higher consumer prices making people poorer in the long run.
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from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/3cypsZE
