Mark Yusko: You’re having your wealth stolen through inflation
CNBC, Released on 11/19/20
Hedge fund manager Mark Yusko, Morgan Creek Capital Management, on the unintended consequences of a zombie company apocalypse.
Mark Yusko
The slowdown in overall inflation in August after bigger gains in June and July reflected moderation in energy costs, which were up 0.9% last month following gains of 5.1% in June and 2.5% in July. The cost of gasoline was up 2% in August but is 16.7% lower than a year ago. Food costs edged up a modest 0.1% in August after having fallen 0.4% in ...
How Governments Steal Your Money and Conceal It Through Inflation 09/01/2019 By Stillness in the Storm Leave a Comment ( Avi Mizrahi ) According to recent media reports from Iran, the government in Tehran last week approved a major change to the country’s fiat currency presented by the Central Bank of Iran (CBI) back in January.
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