The Illusion of Wealth in Fiat Currency

Everyone shows you this chart. The S&P 500 going up forever. Looks safe.

Looks strong. Looks like wealth. <break time="1.0s" /> But watch what happens when you compare it

to the money supply. <break time="1.0s" /> Suddenly, that huge growth shrinks to almost nothing. <break time="1.0s" />

Against money printing, the S&P 500 returns less than one percent a year. <break time="1.0s" /> Add dividends.

Subtract taxes. You’re back at zero. Real. Growth. <break time="1.0s" /> You didn’t get rich.

Your measuring stick shrank. <break time="1.0s" /> If your currency melts, all charts look

like they go up. Even when they don’t. <break time="1.0s" /> The issue is not your ETF. The issue is the

money. Fix the money. And you finally see the truth. <break time="1.0s" />