ilmscore | Prediction Details
"as more money gets printed and enters our circulation the value of each dollar that you save and the value of each dollar that you earn now gets diluted so if you were making $3,000 a month and more money gets printed that $3,000 a month in a few years is not going to have the same buying power that $3,000 a month does today because $3,000 a month in a few years is going to be more deluded because of all the dollars now in circulation than $3,000 a month does today and so what happens the price of your rent goes up the price of your groceries go up if you want to go on a vacation your vacation costs go up gas prices go up yes so the prices of everything around you keep going up while the wages don't necessarily keep up with now the higher cost of living"
By Minority Mindset | October 29, 2023 | Pending
From video
These Are Your Biggest Financial Mistakes (Achieve Financial Freedom In 2024) | Jaspreet Singh 00:53:56 - 00:54:41
Interpreted Prediction
The printing of more fiat currency dilutes the value of each dollar, leading to inflation where the purchasing power of saved and earned money decreases, causing prices for goods and services to rise.

Prediction Details

Topic
Fiat Currency Inflation

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