“Depositors… are increasingly aware that prices are rising, [but] they are yet to appreciate the phenomenon is of the purchasing power of the currency falling rather than prices rising.” – Alasdair Macleod (from Goldmoney, December 17, 2020)
Here, an article by Alasdair Macleod from Goldmoney about dollar inflation. Like Ray Dalio, whom I featured several months ago, Macleod is a meaningful thinker and teacher, whose forecasts are worth considering.