The simple definition of inflation is when prices rise and the purchasing power of a currency drops. It means that you can buy less with your money than you used to be able to.
As Charles Holt Carrol said, "Inflation is the surest way to fertilize the rich man's field with the sweat of the poor man's brow."
Robert Breedlove is the host of the podcast “What is Money?” and he says, “The US in 2021 is on equivalent monetary footing as France in 1791.” And the US is on track for its money to supply to quadruple by 2035.
In this episode, host Robert Kiyosaki and guest Robert Breedlove answer the question of how the falling dollar could cause “hyper-bitcoinization.” Also discussed is:
What the next ten years has in store for Bitcoin and the US dollar
What will happen to the dollar by 2035
How every time a currency collapses, societies collapse
What Robert Breedlove says will disrupt gold
Listen to more from Robert Breedlove:
The "What is Money?" Show Podcast: https://whatismoneypodcast.com/
The "What is Money?" Show YouTube: https://www.youtube.com/user/breedlove198
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