The Great Wealth Divide: Own The Right Assets... Or Fall Behind Authored by Kelly Caro via Doug Casey's International Man , Let's start with three assumptions that I consider rock-solid. 1. Government spending will continue to grow. 2. The government will need more currency debasement to finance that spending .
3. Wages will not keep up. If I had to distill this into a single point, it would be: You can't outrun the money printer by working harder. You need to own the right assets or fall behind . Owning inflation-resistant assets matters more than income , though income still matters.
Let's zoom out and look at the big picture. The following chart tracks gold, the S&P 500, the money supply (M2), median housing prices, wages, and the CPI over the past 62 years. According to the rigged CPI, prices rose 977%, while wages rose 1,179%.
The official numbers claim that wages have outpaced inflation since 1964. Yet anyone with eyes to see and a functioning brain knows that claim is false.