How much is your money really worth?
Currency devaluation means that as the value of a currency decreases, the buying power of money decreases too. So, how do you protect your investments from devaluation, inflation and other economic crises?
Ari Pine is a financial trader who has a deep interest in macroeconomics. We discuss the possibility of a global inflation and how governments get themselves in and out of difficult financial situations. Ari explains the difference between a financial bubble and inflation. He eases listeners’ fears about currency devaluation and offers an investment strategy called a “permanent portfolio” as a possible solution.
The concept of a permanent portfolio was developed by Harry Browne. To learn more about it, read Harry Browne’s book Fail-Safe Investing: Lifelong Financial Security in 30 Minutes, and discuss with your financial advisor whether his recommendations may be appropriate for you.
The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and contact details of the guest, go to https://goldsteinongelt.com/radio-show