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The Secret Financial Tools That Are Behind Today’s Out-Of-Control Inflation
Do you really want to know what they are telling investors?
CNBC reports that the U.S. Consumer Price Index rose 9.1% in June 2022 signaling nearly double-digit inflation.
This is in one month.
Anybody who’s been to the gas station or supermarket has seen inflation for themselves.
You’ll hear many explanations of why this is happening, but I can share one that is unlikely to appear in CNBC, MSNBC, CNN, Forbes, Bloomberg, Business Insider, or — heaven forbid — New York Times or Washington Post.
All of those publications are written to provide aid and comfort to the estimated 69,500 ultra high net worth individuals (UHNWI) in the U.S. About a third of the world’s UHNWI live in the U.S. Since the 2020 Pandemic, this group’s net worth, and their numbers, have grown faster than the pace of inflation.
Douglas Rushkoff writes about the beliefs of the ultra-wealthy, and has a lot of insight.
I have insight based on working for financial services businesses, and on working on equity fundraises for startups and expansions.
