Inflation: Free Money Is Awfully Expensive

Bitcoin broke $29,000 while Anderson Cooper and Andy Cohen embarrassed themselves once again hosting whatever it is that CNN thinks is fit to air on New Year’s Eve. 

There are $600 checks on the way to most Americans… with $2,000 checks still being discussed. 

Money is everywhere. 

Let me rephrase: It is hard to find somewhere that money is not. 

What is the term, boys and girls, for when there are more dollars chasing goods? 

The only asset that isn’t inflated right now are public gathering places. 

The dollar you use to buy things is near its weakest in five years. It’s value plunged by ~12% since the first COVID-19 “stimulus” was passed in March 2020. 

The $600 you generous overlords gave you back then is now worth less than $550. 

Where’d the rest of it go? 

Gold is up 22% in that same time. Stocks are up 67%. Bitcoin is up 366%. 

Home prices are up as well. 

The very thing the government says will help you — relief/stimulus in the form of free money — is the very thing that makes it more expensive for families to put food on the table. 

The only way to get ahead is to own the assets that are inflating with the dollars that are devalued with every stroke of the government pen. 

Call it like you see it, 

Nick Hodge
Editor, Daily Profit Cycle

Nick Hodge is the co-owner and publisher of Daily Profit Cycle and Resource Stock Digest. He's also the founder of Hodge Family Office, the umbrella organization for his three premium services: Hodge Family Office, Family Office Advantage, and Foundational Profits. He specializes in private placements and speculations in early stage ventures, and has raised tens of millions of dollars of investment capital for resource, energy, cannabis, and medical technology companies. Co-author of two best-selling investment books, including Energy Investing for Dummies, his insights have been shared on news programs and in magazines and newspapers around the world.

*Follow Nick on Twitter.

---